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Strong revenue growth and improved EPS typically signals investor confidence, as seen historically in tech stocks reflecting solid performance.
What happened, with direct paths to the underlying reporting
Sea Limited's Q3 revenue grew 30.8% to $4.33 billion, exceeding forecasts. E-commerce sales surged 42.6%, reflecting strong market demand. EPS improved to 24 cents, from a loss of 26 cents last year. Digital Financial Services revenue rose 38%, boosting overall performance. Shares jumped nearly 11% on the news, doubling since January.
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