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

Alibaba Q4 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

DG Earnings: All you need to know about Dollar General’s Q1 2023 earnings results

Dollar General Corporation (NYSE: DG) reported its first quarter 2023 earnings results today. Net sales increased 6.8% year-over-year to $9.3 billion, driven mainly by positive sales contributions from new stores and

HRL Earnings: Key highlights from Hormel Foods’ Q2 2023 financial results

Hormel Foods Corporation (NYSE: HRL) reported second quarter 2023 earnings results today. Net sales of $3 billion were down 3.8% year-over-year. Net earnings attributable to Hormel Foods Corporation were $217.2

Everything you need to know about Salesforce’s Q1 2024 financial results

Customer relationship management platform Salesforce, Inc. (NYSE: CRM) on Wednesday reported an increase in first-quarter adjusted earnings, aided by strong revenue growth. First-quarter profit, excluding non-recurring items, increased to $1.69

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