Sea Limited shares tumble 9% on third quarter earnings miss
Sea Limited (NYSE:SE) shares fell 8.89% in pre-market trading after Q3 earnings missed estimates at $0.78 per share, below the $0.99 consensus. Revenue grew 43.4% YoY to $8.6B, beating estimates. Shopee's revenue rose 41.3% YoY to $6.1B, while Garena's revenue increased 28.6% YoY to $840.1M. The company completed a $1B share repurchase program and authorized another $1B.
How this was made
The 30-second read
Why it matters
The earnings miss highlights margin pressure despite top‑line growth, suggesting near‑term downside.
Market read
The miss triggers a notable price drop, affecting Asian tech exposure and investor sentiment.
What to watch
Near‑completion of a $1B share repurchase could provide longer‑term support.
Background
Sea Limited operates Shopee (e‑commerce), Garena (gaming) and SeaMoney (digital finance) across Asia.
Ticker impact
Sea Limited reported Q3 earnings that missed EPS expectations, causing a 9% share decline.
downward pressure as the market prices in the EPS shortfall
Adjusted EPS of $0.78 fell short of the $0.99 consensus, prompting a pre‑market drop of ~9%.
Market effects
E‑commerce and digital payments segments may see broader scrutiny after the miss.
Southeast Asian tech stocks could face short‑term volatility.
Large‑cap Asian tech exposure influences global risk sentiment.
Counterpoint
The revenue beat and strong growth in Shopee and Garena may support a bounce.
Key entities
- CompanySea Limited
Singapore‑based technology conglomerate listed on NYSE.


