Categories AlphaGraphs, Earnings, Retail
BABA Earnings: Key quarterly highlights from Alibaba’s Q1 2023 financial results
Alibaba Group Holding Limited (NYSE: BABA) reported its first quarter 2023 earnings results today.
Revenues remained flat year-over-year at RMB205,555 million, or $30.6 billion.
Net income attributable to ordinary shareholders was RMB22,739 million, or $3.39 billion. Adjusted net income was RMB30,252 million, or $4.51 billion, down 30% year-over-year.
Diluted earnings per ADS was RMB8.51, or $1.27. Adjusted earnings per ADS was RMB11.73, or $1.75, down 29% year-over-year.
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
After a positive year, what 2025 holds for IBM?
International Business Machines Corporation (NYSE: IBM) has delivered impressive financial performance in 2024 by focusing on higher-value businesses. The company’s software business experienced stable growth, offsetting softness in its consulting
What to expect when Delta Air Lines (DAL) reports Q4 2024 earnings
Shares of Delta Air Lines (NYSE: DAL) fell 2% on Friday. The stock has gained 17% over the past three months. The airline is scheduled to report its earnings results
Walgreens Boots Alliance expected to report mixed Q1 2025 results
For Walgreens Boots Alliance, Inc. (NASDAQ: WBA), 2024 was a challenging year as it lost market share to competitors and closed several stores amid persistent operational headwinds. It is expected
