Sea Limited saw better traction across all its three divisions. Can this momentum continue through the rest of this year? What happened? Shares of Sea Limited have surged this year. Since the beginning of 2024, the gaming and e-commerce company’s shares have shot up by 92.3% and are trading close to their 52-week high. Source: Beansprout Investors are feeling bullish for good reason. Earlier, we saw that the company reported its first-ever full year of profits. Sea Limited recently announced its first quarter 2024 (1Q 2024) earnings that saw broad-based growth across all its three divisions. We dig a little deeper into the company’s latest earnings report to determine if it can carry on this momentum. What you need to know about Sea Limited’s earnings #1 – Higher marketing expenses led to a net loss For 1Q 2024, Sea Limited enjoyed a 22.8% year on year jump in its revenue to US$3.7 billion, led by a 30.6% year-on-year increase in revenue from its e-commerce...