$SE
Misses on EPS (what's new?
) But EBITDA beats expectations of $28.1M by almost $100M at $120.4M.
Beats slightly on revenue ($1.212B vs $1.2B consensus), up 98.7% YoY.
But the most impressive part? Guidance, wow! (1/3)
Misses on EPS (what's new?

Beats slightly on revenue ($1.212B vs $1.2B consensus), up 98.7% YoY.
But the most impressive part? Guidance, wow! (1/3)
$SE
Guidance for FY 2020 raised incredibly.


For Garena, Sea projects 5.4% YoY growth, which is 59% higher than its previous guidance.
For Shopee, Sea sees 144% growth YoY, more than 31% from the midpoint of the previous guidance.
Beast! (2/3)
Guidance for FY 2020 raised incredibly.



For Garena, Sea projects 5.4% YoY growth, which is 59% higher than its previous guidance.
For Shopee, Sea sees 144% growth YoY, more than 31% from the midpoint of the previous guidance.
Beast! (2/3)
Just one remark, some sites give a revenue miss, that's false. Sea used to report adjusted revenue. If you look at that, it beats the consensus. But it stopped using this, now it's non-adjusted and there Sea beats the consensus. (3/3)