Categories AlphaGraphs, Earnings, Retail, Technology

BABA Earnings: Key quarterly highlights from Alibaba’s Q2 financial results

Alibaba Group Holding Limited (NYSE: BABA) reported Q2 2022 earnings results today.

Revenue rose 29% year-over-year to $31.1 billion.

Net income attributable to ordinary shareholders was $833 million and earnings per ADS was $0.31. Adjusted net income fell 39% YoY to $4.4 billion while adjusted earnings per ADS dropped 38% YoY to $1.74.

For FY2022, Alibaba expects revenue to grow 20-23% YoY.

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!

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