Categories AlphaGraphs, Earnings, Retail
BABA Earnings: Key highlights from Alibaba Q1 2021 financial results
Alibaba Group Holding Limited (NYSE: BABA) reported first quarter 2021 earnings results today.
Revenue rose 34% year-over-year to RMB153,751 million ($21.7 billion).
Also read: Digital transformation opens up new opportunities for BABA
Net income attributable to ordinary shareholders amounted to RMB47,591 million ($6.7 billion) while adjusted net income increased 28% year-over-year to RMB39,474 million ($5.5 billion).
Diluted earnings per ADS totaled RMB17.36 ($2.46) and adjusted earnings per ADS totaled RMB14.82 ($2.10), up 18% year-over-year.
Past Performance
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 CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
