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
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Tyson Foods (TSN) Q1 2023 Earnings: Key financials and quarterly highlights
Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per
After weak start to 2023, Apple (AAPL) sees some bright spots
Apple Inc. (NASDAQ: AAPL) this week reported its first revenue decline in more than three years, even as the high inflation continues to squeeze customers’ spending power. Sales of the
Earnings: Qualcomm (QCOM) Q1 profit falls on lower revenues
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5
