Investing.com - Sea reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sea announced earnings per share of $-0.68 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $-0.4665 on revenue of $2.03B.
Sea shares are up 45.87% from the beginning of the year and are trading at $290.36 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Sea follows other major Technology sector earnings this month
Sea's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on Tuesday, July 27, 2021 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
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