Sea Limited Shares Plummet 28% on Q2 Miss
<p><a href='https://financialmodelingprep.com/financial-summary/SE'>Sea Limited (NYSE:SE)</a> released its financial results for the second quarter, which fell short of the Street estimates. As a result, shares plunged more than 28% intra-day today.</p>
<p>During the second quarter, Sea reported revenue of $3.10 billion, which was below the Street estimate of $3.26 billion. Earnings per share (EPS) were $0.54, also falling short of the Street estimate of $0.66.</p>
<p>While the company's e-commerce revenue reached $2.32 billion, surpassing the expected $2.25 billion, its digital entertainment revenue was reported at $529.4 million, lower than the projected $535.3 million.</p>

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