Sea Limited (NYSE: SE) has been a problem child for investors over the last two years as evidenced by the 88% decline in the stock price from its peak of $367.

Investors are concerned about whether Shopee can be a profitable business long term and whether Garena can stem the decline in its revenue. While these concerns are real, Sea delivered an encouraging third consecutive quarter of net profits.

So can investors finally declare that the worst is over? Let's explore that further.

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Source Fool.com