Categories AlphaGraphs, Earnings, Retail, Technology

BABA Earnings: All you need to know about Alibaba’s Q3 2022 earnings results

Alibaba Group Holding Limited (NYSE: BABA) reported third quarter 2022 earnings results today.

Revenue increased 10% year-over-year to RMB242.5 billion, or $38 billion, driven by growth in the commerce, cloud and local consumer services segments.

Net income attributable to ordinary shareholders was RMB20.4 billion, or $3.2 billion, down 74% year-over-year. Adjusted net income was RMB44.6 billion, or $7 billion, down 25% year-over-year.

Diluted earnings per ADS amounted to RMB7.51, or $1.18, while adjusted earnings per ADS dropped 23% year-over-year to RMB16.87, or $2.65.

Prior performance

Alibaba reports Q1 2022 earnings results

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

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Viewing Highlight