Categories AlphaGraphs, Earnings, 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

Alibaba Q3 2022 Earnings Infographic

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

Most Popular

What to look for when Hormel Foods (HRL) reports Q4 2023 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings

Kroger set to report Q3 results. Here’s everything you need to know

The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer

Earnings Preview: Salesforce will likely deliver another strong quarter

Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top