Sea Limited: Turning Bullish After Big Pullback And Negative Sentiment

Dec. 19, 2021 2:25 PM ETSea Limited (SE) StockSE52 Comments

Summary

  • Sea Limited reported a strong quarter of revenue growth, though mounting adjusted EBITDA losses remains a bit of a concern.
  • Sentiment has turned quite negative given the company is facing difficult growth comparison, E-Commerce losses, and a competitive market.
  • With a pullback of 40%+, I believe long-term investors should become cautiously optimistic about the long-term risk-reward.

Female gamer putting her headphones on

luza studios/E+ via Getty Images

Sea Limited (NYSE:SE) reported a strong Q3 with revenue more than doubling and their end-markets remaining quite strong. However, the biggest disappointment was the company reported a significant adjusted EBITDA loss. Their Digital Entertainment segment remains the

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