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Home Technology

Sea remains in the black, posts US$153.3 million Q3 profit

by Sarkiya Ranen
in Technology
Sea remains in the black, posts US3.3 million Q3 profit
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GAMING and e-commerce player Sea reported a US$153.3 million net profit for Q3 2024, reversing from a US$144 million loss a year ago, and marking a second consecutive quarter in the black.

The figure beat estimates from a Bloomberg poll of 13 analysts, which projected a net profit of US$128.6 million. Revenue for the quarter also rose 30.8 per cent to US$4.3 billion from US$3.3 billion in Q3 2023.

Copyright The Business Times. All rights reserved.



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Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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