10:09 AM EST, 03/04/2025 (MT Newswires) -- Sea's (SE) US-listed shares advanced intraday Tuesday after the digital entertainment and e-commerce company reported stronger-than-expected fourth-quarter revenue.

Revenue surged 37% year over year to $4.95 billion, surpassing the consensus on FactSet for $4.65 billion. The Singapore-based company swung to per-share earnings of $0.39 for the December quarter from a $0.19 loss a year earlier.

Sea's New York Stock Exchange-listed shares were advancing 6.9% in Tuesday trading.

The digital financial services segment's revenue climbed 55%, while e-commerce platform Shopee advanced 41%. Digital entertainment Garena's revenue grew 1.6%.

Within digital financial services, loan book exceeded $5 billion at the end of 2024 after a fourth-quarter surge of more than 60% year over year, "making us one of the largest consumer lending businesses in Southeast Asia," Chief Executive Forrest Li said in a statement.

Full-year sales grew 29%.

"We remain confident about our ability to continue delivering profitable growth in 2025 and expect Shopee's full-year 2025 (gross merchandise value) growth to be around 20%, with improving profitability," Li said. "We now expect Garena to grow double digit year-on-year, for both user base and bookings in 2025."

Price: 130.50, Change: +7.01, Percent Change: +5.68