Sea Ltd (NYSE:SE)
$ 114.83 1.59 (1.4%) Market Cap: 65.95 Bil Enterprise Value: 61.76 Bil PE Ratio: 765.53 PB Ratio: 9.27 GF Score: 78/100
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Q1 2019 Sea Ltd Earnings Call Transcript

May 22, 2019 / 12:00AM GMT
Release Date Price: $31.5 (+24.06%)
Operator

Hello, and welcome to the Sea Limited First Quarter 2019 Results Conference Call (Operator Instructions) Please note, this event is being recorded.

And now I'll turn the call over to your host today, Yanjun Wang, group Chief Corporate Officer. Please go ahead, ma'am.

Yanjun Wang

Thank you. Good morning, and good evening, everyone, and welcome to Sea's 2019 First Quarter Earnings Conference Call. I am Yanjun Wang, Sea's Group Chief Corporate Officer and General Counsel.

Before we continue, I would like to remind you that we may make forward-looking statements, which are inherently subject to risks and uncertainties and may not be realized in the future for various reasons as stated in our press release.

Also, this call includes discussions of certain non-GAAP financial measures such as adjusted revenue and adjusted EBITDA. We believe these measures can enhance our investors' understanding of the actual cash flows of our major businesses when used as a complement to our GAAP disclosures. For a discussion on the use of non-GAAP financial

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