Stock Alert: Sea Ltd. Shares Hit 52-Week High

(RTTNews) - Shares of Sea Ltd. (SE) hit a 52-week high of $152.51 Tuesday morning, after the company reported a sharp growth in Q2 revenue. SE is currently trading at $148.11, up $13.83 or 10.30% in the regular session.

The company reported Q2 net loss of $393.5 million or $0.68 per share compared to a loss of $280.1 million or $0.48 per share last year.

Revenue for the quarter was $882.0 million, a jump of 102.2% from the previous year's revenue of $436.2 million.

Analysts polled by Thomson Reuters expected a loss of $0.41 per share on revenue of $1.07 billion for the quarter. Analysts' estimate typically exclude certain special items.