Noor Ul Ain Rehman
Tue, June 9, 2026 astatine 11:43 AM CDT 2 min read
Sea Limited (NYSE:SE) besides received a standing update from TD Cowen the aforesaid day. The steadfast lifted the terms people connected the banal to $108 from $100 and maintained a Hold standing connected the shares. It told investors successful a probe enactment that the institution delivered a beardown fiscal Q1 wide gross beat, led by a immense 4th astatine Garena, portion the absorption reiterated guidance of 25% year-over-year Shopee gross bid measurement maturation successful FY26 alongside an outlook for level oregon improving FY26 EBITDA.
In its fiscal results for fiscal Q1 2026, Sea Limited (NYSE:SE) reported GAAP gross of US$7.1 billion, up 46.6% year-on-year. It besides achieved gross nett of US$3.1 billion, up 40.7% year-on-year, and nett income of US$438.2 million, up 6.7% year-on-year.
Sea Limited (NYSE:SE) is an net and mobile level institution that provides online gaming services. The company’s operations are divided into the pursuing segments: Digital Entertainment, E-Commerce, and Digital Financial Services.
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