financetom
Business
financetom
/
Business
/
Update: Sea Shares Jump After Q2 Revenue Beat
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Sea Shares Jump After Q2 Revenue Beat
Aug 13, 2024 8:45 AM

11:22 AM EDT, 08/13/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Sea (SE) shares rose 11% in recent Tuesday trading after the company's Q2 revenue topped estimates by analysts.

Revenue in the three months ended June 30 rose to $3.81 billion from $3.10 billion a year earlier.

Analysts polled by Capital IQ expected $3.72 billion.

Earnings fell to $0.14 per diluted share from $0.54 a year earlier.

Analysts polled by Capital IQ expected $0.19.

Price: 74.36, Change: +7.44, Percent Change: +11.12

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--WD-40 Company Reiterates FY 2024 Guidance of $5.00-$5.30 in EPS on Sales of $570-$600 Million
--WD-40 Company Reiterates FY 2024 Guidance of $5.00-$5.30 in EPS on Sales of $570-$600 Million
Jul 10, 2024
04:06 PM EDT, 07/10/2024 (MT Newswires) -- Price: 221.00, Change: +1.25, Percent Change: +0.57 ...
Why Are UniQure Shares Surging Today?
Why Are UniQure Shares Surging Today?
Jul 10, 2024
UniQure N.V. ( QURE ) shares are skyrocketing Wednesday following the release of promising interim data from its Phase I/II clinical trials of AMT-130, a gene therapy targeting Huntington’s disease. What’s Going On: The latest results, which include up to 24 months of follow-up data from 29 patients across the U.S. and Europe, demonstrated a significant slowing of disease progression....
Recreational Marine Companies' Near-Term Sentiment Likely to Remain Cautious, B. Riley Says
Recreational Marine Companies' Near-Term Sentiment Likely to Remain Cautious, B. Riley Says
Jul 10, 2024
04:02 PM EDT, 07/10/2024 (MT Newswires) -- Near-term sentiment of recreational marine-focused companies is expected to stay cautious amid continued uncertainty around demand trends and fears that elevated promotional efforts could continue into the second half of 2024, B. Riley Securities said Wednesday. The brokerage lowered its respective price targets on the stocks of Brunswick (BC), Malibu Boats ( MBUU...
Mexico mining investment seen stable at $5 billion in 2024, says industry group
Mexico mining investment seen stable at $5 billion in 2024, says industry group
Jul 10, 2024
MEXICO CITY, July 10 (Reuters) - Mining investment in Mexico should remain largely stable in 2024 compared to last year at around $5 billion but new regulation could hamper the development of new mining projects, the country's Camimex mining chamber said on Wednesday. The 2023 investment level fell 5.8% from the previous year to $4.96 billion, Camimex said, amid uncertainty...
Copyright 2023-2026 - www.financetom.com All Rights Reserved