Sea Limited (NYSE:SE) reported fiscal second-quarter 2024 revenue growth of 23.0% year-on-year to $3.81 billion, beating the analyst consensus estimate of $3.72 billion. EPS of $0.14, down from $0.54 Y/Y, missed the analyst consensus estimate of $0.15. The stock price slid after the print followed by a recovery in the premarket trading session. Digital Entertainment revenue decreased 17.7% year over year to $435.56 million. Bookings improved to $536.8 million, up 21.1% year over year. The segment’s adjusted EBITDA was $302.8 million, up 26.5% Y/Y. Quarterly active users were 648.0 million, up …
