Singapore’s Sea reports higher adjusted revenue, narrowing EBITDA losses in Q1

Singapore’s Sea reports higher adjusted revenue, narrowing EBITDA losses in Q1

Photo: Sea Group

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.