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

Q2 2019 Sea Ltd Earnings Call Transcript

Aug 20, 2019 / 11:30AM GMT
Release Date Price: $33 (-8.59%)
Operator

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

I would now like to turn the conference over to Yanjun Wang. Mr. Wang, please go ahead.

Yanjun Wang
Sea Limited - Group Chief Corporate Officer, Group General Counsel & Company Secretary

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

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 flow of our major businesses when used as a complement to our GAAP

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