Advertisement
Sea Limited Q4 Results Top Estimates; Stock Up 15%
(RTTNews) - Consumer Internet company Sea Ltd. (SE) announced Monday a net loss of $111.62 million or $0.19 per share for the fourth quarter, compared to net income of $422.84 million or $0.72 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter grew 4.8 percent to $3.62 billion from $3.45 billion in the same quarter last year. Analysts had a consensus revenue estimate of $3.55 billion for the quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
Sea Limited Q3 Results Top Estimates; Stock Up 15%
Consumer Internet company Sea Ltd. (SE) announced Tuesday that net loss excluding share-based compensation attributable to Sea's ordinary shareholders for the third quarter widened to $369.54 million or $0.66 per share from $450.05 million or $0.84 per share in the prior-year quarter.
RTTNews
|
vor 992 Tagen
Japan Monetary Base Data Due On Monday
Japan will on Monday release July figures for monetary base, highlighting a very light day for Asia-Pacific economic activity. In June, the base was down 3.3 percent on year.
RTTNews
|
vor 53 Minuten
U.S. Dollar Falls As Weak Jobs Data Lifts Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for July strengthened expectations of a Fed rate cut in September.
RTTNews
|
vor 2 Tagen
European Stocks Close Sharply Lower As Trump's Tariff Move Hurts Sentiment
European stocks tumbled on Friday, recording one of their worst sessions in several months, as sweeping fresh tariffs announced by U.S. President Donald Trump raised fears of a global economic slowdown, prompting investors to press selling across the board.
RTTNews
|
vor 2 Tagen
Canadian Market Remains Firmly Down In Negative Territory On Tariff Worries
The Canadian market got off to a weak start Friday morning and slipped deeper into the red subsequently, as U.S. President Donald Trump's sweeping tariff announcement rendered the mood bearish.
RTTNews
|
vor 2 Tagen
U.S. Construction Spending Unexpectedly Sees Further Downside In June
The Commerce Department released a report on Friday unexpectedly showing a continued decrease by U.S. construction spending in the month of June. The report said construction spending fell by 0.4 percent to an annual rate of $2.136 trillion in June after sliding by 0.5 percent to a revised rate of $2.144 trillion in May.
RTTNews
|
vor 2 Tagen
U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved marginally less than previously estimated in the month of July. The University of Michigan said its consumer sentiment index for July was downwardly revised to 61.7 from a preliminary reading of 61.8. Economists had expected the index to be upwardly revised to 62.0.
RTTNews
|
vor 2 Tagen
U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of July, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI edged down to 48.0 in July after inching up to 49.0 in June with a reading below 50 indicating contraction.
RTTNews
|
vor 2 Tagen
