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Singapore’s Sea Misses Profit Estimates on AI, Cloud Costs

Bloomberg Technology Tuesday 10 November 2026, 11:47 UTC By Olivia Poh and Gabrielle Ng 1 min read
Key Points

Asia Singapore’s Sea Misses Profit Estimates on AI, Cloud Costs Sea Ltd. earnings missed estimates after the Southeast Asia e-commerce leader boosted spending in AI and cloud technologies to fend off intense competition. Adjusted earnings before interest, taxes, depreciation and amortization for the three months through September climbed 29% to $931 million, the company said in a statement Tuesday. Analysts estimated $990 million on average, according to Bloomberg-compiled data.

Asia Singapore’s Sea Misses Profit Estimates on AI, Cloud Costs Sea Ltd. earnings missed estimates after the Southeast Asia e-commerce leader boosted spending in AI and cloud technologies to fend off intense competition. Adjusted earnings before interest, taxes, depreciation and amortization for the three months through September climbed 29% to $931 million, the company said in a statement Tuesday. Analysts estimated $990 million on average, according to Bloomberg-compiled data. Revenue rose 43% to $8.6 billion, exceeding predictions. The stock fell 5% in pre-market trading.
Singapore (LOCATION) Cloud Costs Sea Ltd. (ORG) the Southeast Asia (LOCATION) AI (ORG) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →

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