Categories AlphaGraphs, Earnings, Retail, Technology
Alibaba Group (BABA) Q2 2024 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2024 earnings results today.
Revenue was $30.8 billion, up 9% year-over-year.
Net income attributable to ordinary shareholders was $3.79 billion and diluted earnings per ADS were $1.48. Adjusted earnings per ADS increased 21% year-over-year to $2.14.
As of September 30, 2023, cash and cash equivalents, short-term investments and other treasury investments totaled $85.5 billion.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Autodesk (ADSK) is expected to report higher Q3 revenue and profit
Autodesk, Inc. (NASDAQ: ADSK) is all set to publish third-quarter financial results next week, amid expectations of a year-over-year increase in revenue and profit. The shift to a cloud-based model
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the