$Sea Limited(SE)$
Sea Ltd 网页链接{press release} (NYSE:SE):
Q4 GAAP EPS of -$0.19 beats by $0.07.
Total net loss was US$(111.6) million, as compared to total net income of US$422.8 million for the fourth quarter of 2022.
Revenue of $3.62B (+4.9% Y/Y) beats by $70M.
Digital Entertainment: GAAP revenue was US$510.8 million compared to US$948.9 million in the fourth quarter of 2022, primarily attributable to moderation in user monetization year-on-year.
E-commerce and other services: GAAP revenue increased by 24.2% to US$2.8 billion in the fourth quarter of 2023 from US$2.2 billion in the fourth quarter of 2022, primarily driven by the GMV growth of our e-commerce business and the growth of our credit business year-on-year.