Categories AlphaGraphs, Earnings, Retail

Alibaba Group (BABA) Q2 2023 Earnings: Key financials and quarterly highlights

Alibaba Group Holding Limited (NYSE: BABA) reported second quarter 2023 earnings results today.

Revenue rose 3% year-over-year to $29.1 billion.

Net loss attributable to ordinary shareholders was $2.8 billion. Adjusted net income increased 19% year-over-year to $4.7 billion.

Diluted loss per ADS was $1.09. Adjusted earnings per ADS was up 15% year-over-year to $1.82.

Adjusted earnings surpassed expectations but revenue fell short.

Prior performance


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