New York Stock Exchange-listed online gaming and e-commerce firm Sea Limited (Sea) has reported that its total adjusted EBITDA losses narrowed to $32 million in 1QFY2019, compared to losses of $144.7 million in 1QFY2018 and $203.6 million in 4QFY2018.
In its first quarter FY19 results release, the company said its total adjusted revenue stood at $578.8 million, up 193.8 per cent year-on-year (YoY) from $197 million in 1QFY2018, and up 48.7 per cent quarter-on-quarter (QoQ) from $389.3 million in 4QFY2018.
