Singapore's Sea gains after quarterly revenue jump

Sea

13/05/2025 12:12

** U.S.-listed shares of Singapore-based consumer internet company Sea Ltd SE.N rise 9.5% to $156 in premarket trading

** Co's Q1 revenue rose 29.6% to $4.84 bln, compared with analysts' estimates of $4.89 bln, according to data compiled by LSEG

** It reports earnings per share of 65 cents in the first quarter, compared with loss per share of 4 cents in the same period last year

** SE's e-commerce segment, which accounts for more than two-thirds of the company's total business, posts a 28.3% jump in Q1 revenue

** Up to last close, stock up 6.3% YTD

 (Reporting by Priyanka.G in Bengaluru)

 ((priyanka.g@thomsonreuters.com;))