Sea Limited's (SE) CEO Forrest Li on Q2 2022 Results - Earnings Call Transcript

Aug. 16, 2022 10:07 AM ETSea Limited (SE) StockSE11 Comments
SA Transcripts
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Q2: 2022-08-16 Earnings Summary

EPS of -$1.03 beats by $0.03
 | Revenue of $2.94B (29.03% Y/Y) misses by $88.17M

Sea Limited (NYSE:SE) Q2 2022 Earnings Conference Call August 16, 2022 7:30 AM ET

Company Participants

Min Ju Song - Senior Manager, Group Chief Corporate Officer’s Office
Forrest Li - Chairman & Chief Executive Officer
Tony Hou - Group Chief Financial Officer
Yanjun Wang - Group Chief Corporate Officer

Conference Call Participants

Pang Vitt - Goldman Sachs
Alicia Yap - Citigroup
Piyush Choudhary - HSBC Singapore
Thomas Chong - Jefferies
Jiong Shao - Barclays
Ranjan Sharma - JPMorgan
John Choi - Daiwa
Varun Ahuja - Credit Suisse

Operator

Good morning and good evening. Welcome to the Sea Limited Second Quarter 2022 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded.

I'd now like to turn the conference over to Ms. Min Ju Song. Please go ahead.

Min Ju Song

Thank you, Jason, and hello, everyone, and welcome to Sea's 2022 second quarter earnings conference call. I'm Min Ju Song from Sea's Group Chief Corporate Officer's office.

Before we continue, I would like to remind you that we may make forward-looking statements which are inherently subject to risks and uncertainties and may not be realized in the future for various reasons, as stated in our press release.

Also, this call includes a discussion of certain non-GAAP financial measures, such as adjusted EBITDA and net loss excluding share-based compensation and impairment of goodwill. We believe these measures can enhance our investors' understanding of the actual cash flows of our major businesses, when used as a complement to our GAAP disclosures.

For a discussion of the use of non-GAAP financial measures and reconciliation with the closest GAAP measures, please refer to the section on non-GAAP financial measures in our press release.

I

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