Investing.com - Sea reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sea announced earnings per share of $-0.8 on revenue of $2.90B. Analysts polled by Investing.com anticipated EPS of $-1.26 on revenue of $2.86B.
Sea shares are down 26% from the beginning of the year and are trading at $70.33 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 24.98% from the start of the year.
Sea follows other major Communication Services sector earnings this month
Sea's report follows an earnings missed by Alphabet C on Tuesday, April 26, 2022, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Meta Platforms had beat expectations on Wednesday, April 27, 2022 with first quarter EPS of $2.72 on revenue of $27.91B, compared to forecast for EPS of $2.56 on revenue of $28.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar