Sea Ltd (NYSE:SE)
$ 108.72 -0.93 (-0.85%) Market Cap: 62.98 Bil Enterprise Value: 60.62 Bil PE Ratio: 731.00 PB Ratio: 8.85 GF Score: 75/100
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Q4 2018 Sea Ltd Earnings Call Transcript

Feb 27, 2019 / 12:01AM GMT
Release Date Price: $21.86 (+34.94%)
Operator

Good day everyone, and welcome to Sea Limited Fourth Quarter and Full Year 2018 Results Conference Call. (Operator Instructions) And please note that today's event is being recorded. And I would now like to turn the conference over to Howard Soh. Please go ahead.

Howard Soh
Sea Limited - Director of Corporate Development and Strategy

Thank you very much. Good morning, and good evening, everyone, and welcome to Sea's 2018 fourth quarter and full year earnings conference call. I'm Howard Soh, Director of Corporate Development and Strategy at Sea.

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 discussion of certain non-GAAP financial measures such as adjusted revenue, adjusted EBITDA and adjusted net loss. We believe these measures can enhance our investors' understanding of actual cash flows of our major businesses when used as a

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