Sea Limited American Depositary Shares, each representing one - SE STOCK NEWS

Sea Limited (NYSE: SE) will release its Q3 2021 results on November 16, 2021, before U.S. market hours. Following the announcement, the management will host a conference call at 7:30 AM ET to discuss the results, which will be available as a live webcast on their website. Dial-in options include US Toll Free and international numbers, along with a passcode for participants. A replay of the call will also be accessible on the investor relations page.

Sea operates in digital entertainment, e-commerce, and financial services.

Berkana Resources Corporation has appointed William Giles as VP of Strategy and Solutions, bringing over thirty years of experience in the Energy sector. Previously, he held significant roles at Spectra Energy, focusing on real-time operational applications and IT strategic planning. His appointment aims to enhance Berkana's Digital Transformation and efficiency solutions for clients in the Oil & Gas and Electric Utility markets. Berkana, a trusted provider for over 15 years, emphasizes the incorporation of AI, ML, Edge, and Cloud technologies to boost client efficiency.

O’Shares Global Internet Giants ETF (OGIG) has successfully completed its semi-annual portfolio reconstitution, adding 12 companies with an impressive revenue growth of over 80%. The weighted average revenue growth for the newly added stocks stands at 115%. Kevin O’Leary, Chairman of O’Shares ETFs, emphasized the distinction between 'new tech' and 'old tech,' citing the former's innovation-driven growth. Notably, Sea Ltd (SE) comprises 2.43% of the portfolio, exhibiting 129% revenue growth and a 71% year-to-date return.

Sea Limited (NYSE: SE) announced the pricing of its public offerings, including 11 million American Depositary Shares (ADSs) priced at US$318.00 each and US$2.5 billion of 0.25% convertible senior notes due 2026. The company has granted underwriters an option to purchase additional ADSs and notes. The net proceeds from these offerings will be used for business expansion and strategic investments. The offerings are expected to close on September 14, 2021, with interest on the notes payable semiannually starting March 15, 2022.

Sea Limited (NYSE: SE) announced a proposed registered public offering of 11 million American Depositary Shares (ADSs) and $2.5 billion in convertible senior notes due 2026. The ADS Offering is not contingent on the Notes Offering and vice versa. The company may grant underwriters a 30-day option for additional shares and notes. Proceeds will be used for business expansion and general corporate purposes, including potential investments and acquisitions. The offerings are under an effective shelf registration statement filed with the SEC.

Sterling Construction Company, Inc. (NASDAQ: STRL) has elected Julie Dill to its Board of Directors, expanding the Board to eight members. Effective immediately, Dill will also serve on the Audit Committee and the Compensation and Talent Development Committee, with her term ending at the next Annual Meeting of Stockholders. Dill brings 36 years of executive experience from companies such as Shell and Duke Energy, holding various leadership roles, including Chief Communications Officer. CEO Joe Cutillo expressed confidence in her ability to provide valuable insights to the Board.

Sea Limited (NYSE: SE) reported a 158.6% increase in total GAAP revenue to US$2.3 billion for Q2 2021, with gross profit up 363.5% to US$930.9 million. Digital entertainment bookings rose 64.8% to US$1.2 billion. However, adjusted EBITDA showed a loss of US$(24.1 million, contrasting with a profit of US$7.7 million in Q2 2020. The company anticipates increased digital entertainment bookings of US$4.5 billion to US$4.7 billion for the year, while e-commerce revenue guidance is raised to US$4.7 billion to US$4.9 billion.

Sea Limited (NYSE: SE) reported a strong financial performance for Q1 2021, with total GAAP revenue reaching US$1.8 billion, a 146.7% increase year-on-year. Its gross profit soared to US$645.4 million, up 212.1%. Digital Entertainment bookings hit US$1.1 billion, a 117.4% increase, while the company achieved adjusted EBITDA of US$88.1 million, a significant recovery from last year’s loss. E-commerce revenue also surged, totaling US$922.3 million, up 250.4%. Despite losing US$422.1 million net, quarterly active users rose by 61.4% to 648.8 million.

Sea Limited (NYSE: SE) will announce its first quarter 2021 results on May 18, 2021, before the U.S. market opens. The management will hold a conference call at 7:30 AM U.S. Eastern Time, which will also be accessible via a live webcast on the Company's website. Dial-in numbers include US Toll Free: 1-888-317-6003 and Hong Kong: 800-963-976. Participants are required to use the passcode 3605660. A replay of the call will be available on the investor relations site following the event.