Categories AlphaGraphs, Retail, Technology
Alibaba Group (BABA) Q4 2022 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported fourth quarter 2022 earnings results today.
Revenue totaled $32.1 billion, up 9% year-over-year, driven mainly by revenue growth in the China commerce segment.
Net loss attributable to ordinary shareholders was $2.56 billion. Adjusted net income dropped 24% year-over-year to $3.12 billion.
Diluted loss per ADS was $0.96 while adjusted earnings per ADS fell 23% year-over-year to $1.25.
Both the top and bottom line numbers beat estimates.
Due to the impact from COVID-19 on its businesses and the related uncertainties, Alibaba is not providing guidance at present.
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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