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Investor's Business Daily

Investor's Business Daily

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Sea Stock Jumps As Q4 Revenue Clears High Expectations With 37% Growth

Investor's Business Daily
Summary
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Southeast Asia -focused technology company Sea Ltd. (SE) reported fourth-quarter results that beat expectations.

The Singapore -based company earned 39 cents per share on sales of $4.95 billion for the December-ended quarter .

Overall revenue growth accelerated for a fourth consecutive quarter , with e-commerce sales growing 41.3% year-over-year .