3 Important Things Investors Should Know About Sea Limited Now
Sea Limited (NYSE: SE), a leading technology conglomerate based in Singapore, announced its fiscal third-quarter results for 2021 on Nov. 16, 2021. Revenue has more than doubled to $2.7 billion while gross profit jumped 148% to $1 billion. While the top line grew strongly, adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) turned red as Sea invested heavily to grow its business.
But there are more to these headline numbers. Here are three major takeaways investors should know.
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Source Fool.com
