Report

New Street: SE 2Q22 Results - Suspending Guidance for Ecommerce

What’s new: SE reported 2Q22 results were largely in-line with consensus estimates. Amid uncertainties in macro environment, the company has shifted its strategic focus towards profitability and has suspended guidance for e-commerce GAAP revenues for FY22. We maintain our PT at USD120.

Analysts:
Jin Yoon
Underlying
Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Jin Yoon

Other Reports on these Companies
Other Reports from New Street Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch