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Sea reports net loss of US$569.3 mil for 3QFY2022, down 0.3% y-o-y

Felicia Tan
Felicia Tan • 3 min read
Sea reports net loss of US$569.3 mil for 3QFY2022, down 0.3% y-o-y
On a q-o-q basis, the quarter’s net loss improved by 38.9%. Photo: Bloomberg
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NYSE-listed Sea Limited has reported a total net loss of US$569.3 million ($781.7 million) for the 3QFY2022 ended Sept 30, down 0.3% from the total net loss of US$571.0 million in the corresponding quarter before.

On a q-o-q basis, the quarter’s net loss improved by 38.9%.

Excluding share-based compensation, Sea reported a total net loss of US$373.5 million for the 3QFY2022, improving by 16.6% y-o-y and 34.4% q-o-q.

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