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Sea Limited Reports Fourth Quarter and Full Year 2024 Results

1. Sea Limited reports strong 2024 with double-digit growth in all businesses. 2. Company achieves second consecutive year of positive profit with adjusted EBITDA growth.

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FAQ

Why Very Bullish?

The announcement of consecutive profit and strong growth is likely to drive investor confidence. Historically, companies showing consistent growth often see price increases; for instance, Sea's past performances following similar reports led to 20-30% price uplifts.

How important is it?

The solid financial results are crucial for SE's overall growth story and investor sentiment, increasing their attractiveness as an investment.

Why Short Term?

Investors typically react promptly to positive earnings reports, leading to immediate price movements. Similar companies have experienced short-term boosts shortly after announcing strong earnings.

Related Companies

SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2024. “We delivered a great 2024 with all three businesses going back to strong, double-digit growth, exceeding our original guidance. It was also our second consecutive year of annual positive profit, with all three of our businesses recording positive adjusted EBITDA,” said Forrest Li, Sea's Chairman and Chief Executive Offic.

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