Sea Limited posts $153.3m profit in Q3 2024.

The group's GAAP revenue also rose to $4.3b.

Sea Limited has reported a total net income of $153.3m for the third quarter of 2024, a sharp improvement from a $144m loss in the same quarter last year.

The group's total GAAP revenue also rose to $4.3b during the same period, marking a 30.8% increase year-over-year.

E-commerce revenue also increased by 42.6% to $3.2b, whilst digital financial services revenue increased 38% to $615.7m. In digital entertainment, bookings climbed to $556.5m, a 24.3% increase year-over-year. However, GAAP revenue in this segment declined to $497.8m, down from $592.2m in Q3 2023.

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