Sea Limited Reports First Quarter 2019 Results
(WorldNews Business)

SINGAPORE--(BUSINESS WIRE)--May 21, 2019-- Sea Limited (NYSE: SE) (`Sea` or the `Company`) today announced its financial results for the quarter ended March 31, 2019. First Quarter 2019 Highlights GroupTotal adjusted revenue was US$578.8 million, up 193.8% year-on-year from US$197.0 million for the first quarter of 2018 and up 48.7% quarter-on-quarter from US$389.3 million for the fourth quarter of 2018.Total adjusted EBITDA was US$(32.0) million, compared to US$(144.7) million for the first quarter of 2018 and US$(203.6) million for the fourth quarter of 2018.Digital EntertainmentAdjusted revenue was US$393.3 million, up 169.3% year-on-year from US$146.0 million for the first quarter of...