Alibaba Group Holding Limited (NYSE: BABA) reported first quarter 2024 earnings results today.
Revenue totaled $32.2 billion, up 14% year-over-year.
Net income attributable to ordinary shareholders was $4.7 billion. Adjusted net income was $6.1 billion, up 48% year-over-year.
Diluted earnings per ADS was $1.83. Adjusted earnings per ADS was $2.40, up 48% year-over-year.
Both revenue and earnings beat expectations allowing the stock to gain 3% in premarket hours on Thursday.
As of June 30, 2023, cash and cash equivalents, short-term investments and other treasury investments included in equity securities and other investments on the consolidated balance sheets, were $80.6 billion.
Carnival Corporation & plc (NYSE: CCL) reported third quarter 2023 earnings results today. Revenues were $6.9 billion compared to $4.3 billion in the same period last year. On a GAAP basis,
Nike, Inc. (NYSE: NKE) on Thursday reported results for the first three months of fiscal 2024, reporting a modest rise in revenues. The sneaker giant reported net income of $1.45
Shares of Accenture plc (NYSE: ACN) were down 4% on Thursday after the company delivered mixed results for the fourth quarter of 2023 and provided full-year guidance that came below