Sea, the Singapore-based tech company, reported a net profit for the three months ending March 31, 2025, which topped analysts’ estimates, on Tuesday.
A strong quarter from its e-commerce division, its biggest business unit, helped drive Sea to a quarterly profit of $410.8 million, higher than the analysts’ average of $353.4 million calculated by Bloomberg. The quarterly profit also reverses a loss of $23 million from the same period a year ago.
