Sea Limited Q2 Earnings Miss Estimates, Revenues Rise Y/Y: Digital Entertainment and E-commerce Segment Growth Drives Top-Line Growth

Sea Limited reported Q2 adjusted earnings of 85 cents per share, missing estimates by 14.14%. Revenues of $5.3 billion increased 38.2% YoY, driven by growth in e-commerce and digital financial services. Digital Entertainment revenues were $559.1 million, up 28.4% YoY, while e-commerce service revenues totaled $3.8 billion, up 33.7% YoY.