... [+]Wei Leng Tay/Bloomberg
The digital gaming and e-commerce firm said Tuesday that its net profit for the quarter ended March 31 was just over $87 million, compared to a net loss of $580 million from a year earlier. Sea’s bottom line was hit hard by a $118 million goodwill impairment charge that pushed it well below the consensus analyst estimate of $224 million, as compiled by Bloomberg.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Sea’s Cofounders Lose $1.7 Billion Overnight As Tech Giant’s Earnings DisappointSingapore-baed Sea Ltd. disappointed investors with first-quarter earnings that came in well below analysts’ expectations, sending its NYSE-listed shares tumbling 18% overnight.
Läs mer »
Debt ceiling may be 'lose-lose' situation for stocks: Morgan StanleyThe debt-ceiling standoff may be a 'lose-lose' situation for stocks, Morgan Stanley's top strategist says
Läs mer »