BUZZ-Singapore's Sea gains after quarterly revenue jump

Reuters
05-13
BUZZ-Singapore's Sea gains after quarterly revenue jump

** U.S.-listed shares of Singapore-based consumer internet company Sea Ltd SE.N rise 9.5% to $156 in premarket trading

** Co's Q1 revenue rose 29.6% to $4.84 bln, compared with analysts' estimates of $4.89 bln, according to data compiled by LSEG

** It reports earnings per share of 65 cents in the first quarter, compared with loss per share of 4 cents in the same period last year

** SE's e-commerce segment, which accounts for more than two-thirds of the company's total business, posts a 28.3% jump in Q1 revenue

** Up to last close, stock up 6.3% YTD

(Reporting by Priyanka.G in Bengaluru)

((priyanka.g@thomsonreuters.com;))

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