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


Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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