Sea Limited
Q3 2022 Earnings Call
Nov 15, 2022, 7:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, and good evening. Welcome to the Sea Limited third quarter 2022 results conference call. [Operator instructions] I'd now like to turn the conference over to Ms. Minju Song.
Please go ahead.
Minju Song -- Senior Manager, Group CCO Office
Thank you. Hello, everyone, and welcome to Sea's 2022 third quarter earnings conference call. I'm Minju Song from Sea's group chief corporate officer's office. 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 a discussion of certain non-GAAP financial measures, such as adjusted EBITDA and net loss excluding share-based compensation. We believe these measures can enhance our investors' understanding of the actual cash flows of our major businesses when used as a complement to our GAAP disclosures. For a discussion of the use of non-GAAP financial measures and reconciliation with the closest GAAP measures, please refer to the section on non-GAAP financial measures in our press release. I have with me Sea's chairman and group chief executive officer, Forrest Li; group chief financial officer, Tony Hou; and group chief corporate officer, Yanjun Wang.
Our management will share strategy and business updates, operating highlights, and financial performance for the third quarter of 2022. This will be followed by a Q&A session in which we welcome any questions you have. With that, let me turn the call over to Forrest.
Forrest Li -- Chairman, Group Chief Executive Officer
Hello, everyone, and thank you for joining us today. We recently passed our five-year IPO anniversary. The rest of the management team and I have learned a lot from running Sea as a public company, a journey that has seen deep high and lows. I'm grateful for the support and advice all of you have given us over the years, and thank you for your patience and faith in us.
Given the significant uncertainties in the macro environment, we have entirely shifted our mindset and focus from growth, to achieving self-sufficiency and profitability as soon as possible without relying on any external funding. We are adapting quickly to the changing climate because we believe that companies that fail to do so may not survive. All our efforts are directed to ensure that Sea not only survives the macro storms, but emerge stronger, more efficient, and more resilient, and as a long-term winner in our markets. This positions us to continue capturing the long-term potential for our businesses and markets and to deliver strong and sustained shareholder returns over time.