Investing.com - Sea reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sea announced earnings per share of $-0.66 on revenue of $3.2B. Analysts polled by Investing.com anticipated EPS of $-0.99 on revenue of $3.05B.
Sea shares are down 79.53% from the beginning of the year and are trading at $45.80 , down-from-52-week-high.
Sea follows other major Communication Services sector earnings this month
Sea's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.26 on revenue of $71B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.9 on revenue of $27.44B.
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