Sea Limited's CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth
Sea Limited's CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth
Sea Limited (NYSE:SE) reported fiscal first-quarter 2024 revenue growth of 22.8% year-on-year to $3.73 billion, beating the analyst consensus estimate of $3.56 billion.
Sea Limited（纽约证券交易所代码：SE）报告称，2024财年第一季度收入同比增长22.8％，达到37.3亿美元，超过了分析师共识估计的35.6亿美元。
EPS loss of $(0.04), down from $0.15 Y/Y, missed the analyst consensus estimate of $(0.02). The stock price gained after the results in the premarket session.
每股收益亏损0.04美元，低于同比0.15美元，未达到分析师普遍预期的0.02美元。在盘前交易中公布业绩后，股价上涨。
Digital Entertainment revenue decreased 15.1% year over year to $458.12 million, primarily due to lower recognition of accumulated deferred revenue due to lower bookings in previous quarters. Bookings improved to $512.1 million, up 10.8% year over year.
数字娱乐收入同比下降15.1％，至4.5812亿美元，这主要是由于前几个季度的预订量减少导致累计递延收入的确认减少。预订量提高到5.121亿美元，同比增长10.8％。
The segment's adjusted EBITDA was $292.2 million, up 27% Y/Y.
该细分市场调整后的息税折旧摊销前利润为2.922亿美元，同比增长27％。
Quarterly active users were 594.7 million, up 21% year over year. Average bookings per user were $0.86 versus $0.94 year over year.
季度活跃用户为5.947亿，同比增长21％。每位用户的平均预订量为0.86美元，而去年同比为0.94美元。
E-commerce and other services revenue increased 32.9% Y/Y to $2.7 billion. Adjusted EBITDA for Shopee overall was $(21.7) million versus $207.7 million a year back.
电子商务和其他服务收入同比增长32.9％，达到27亿美元。Shopee调整后的息税折旧摊销前利润总额为2,170万美元，去年同期为2.077亿美元。
Core marketplace revenue grew 47% year over year to $1.7 billion. Gross orders rose 56.8% year over year to $2.6 billion. GMV was $23.6 billion, increasing by 36.3% year over year.
核心市场收入同比增长47％，达到17亿美元。总订单同比增长56.8％，达到26亿美元。GMV为236亿美元，同比增长36.3％。
Digital Financial Services revenue grew 21% Y/Y to $499.4 million.
数字金融服务收入同比增长21％，达到4.994亿美元。
Sea Ltd held $8.6 billion in cash and equivalents as of March 31, 2024.
截至2024年3月31日，Sea Ltd持有86亿美元的现金及等价物。
"I am pleased to share that we are kicking off 2024 with a strong quarter. All our three businesses have delivered strong growth with an improved profit profile," Chair and CEO Forrest Li said. On the e-commerce front, Mr Li said.
“我很高兴与大家分享，我们将以强劲的季度拉开2024年的序幕。我们的三项业务都实现了强劲的增长，利润状况有所改善。” 董事长兼首席执行官李福雷斯特说。在电子商务方面，李先生说。
On digital financial services, Mr Li said, "SeaMoney has continued its strong growth momentum and profitability into 2024 while maintaining prudent risk management." On digital entertainment, Mr Li said, "We are pleased to share that Garena is back to positive growth, led by Free Fire's strong performance across markets."
在数字金融服务方面，李先生表示：“SeaMoney在保持谨慎的风险管理的同时，一直保持强劲的增长势头和盈利能力直至2024年。”在数字娱乐方面，李先生说：“我们很高兴与大家分享，在Free Fire在各个市场的强劲表现的带动下，Garena恢复了正增长。”
Outlook: Li said, "We have a clear roadmap for profitable growth. Our results in the first quarter have given us a strong start to 2024, and we are well on-track to deliver our full-year guidance."
展望：李说：“我们有明确的盈利增长路线图。我们在第一季度的业绩为2024年提供了良好的开端，我们有望实现全年指引。”
During fiscal fourth quarter 2023 results in March, Sea said it expects Shopee's full-year GMV growth to be in the high teens range and its adjusted EBITDA to turn positive in the second half of this year.
在3月份的2023年第四财季业绩中，Sea表示，预计Shopee的全年GMV增长将处于最高水平，调整后的息税折旧摊销前利润将在今年下半年转为正数。
Sea stock plunged 27% in the last 12 months. Investors can gain exposure to the stock via FMQQ The Next Frontier Internet & Ecommerce ETF (NYSE:FMQQ) and Fidelity Disruptive Communications ETF (NASDAQ:FDCF).
在过去的12个月中，海上股票暴跌了27％。投资者可以通过FMQQ The Next Frontier互联网和电子商务ETF（纽约证券交易所代码：FMQQ）和富达颠覆性通信ETF（纳斯达克股票代码：FDCF）获得股票敞口。
SE shares went up as much as 7% in the premarket session.
证券交易所股价在盘前交易中上涨了7％。
Price Action: SE shares traded lower by 1.29% at $63.67 at the last check Tuesday.
价格走势：在周二的最后一次检查中，SE股价下跌1.29％，至63.67美元。
译文内容由第三方软件翻译。