Categories AlphaGraphs, Earnings, Retail, Technology

Key highlights from Alibaba (BABA) Q1 2022 earnings results

Alibaba Group Holdings Limited (NYSE: BABA) reported first quarter 2022 earnings results today.

Total revenue increased 34% year-over-year to RMB205.7 billion, or $31.8 billion.   

Net income attributable to ordinary shareholders fell 5% year-over-year to RMB45.1 billion, or $6.9 billion. Adjusted net income rose 10% year-over-year to RMB43.4 billion, or $6.7 billion.

Diluted earnings per ADS was down 6% YoY at RMB16.38, or $2.54. Adjusted earnings per ADS was up 12% YoY at RMB16.60, or $2.57.

Annual active consumers of the Alibaba Ecosystem across the world reached approx. 1.18 billion for the twelve months ended June 30, 2021. This was up 45 million from the twelve months ended March 31, 2021.

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

United Parcel Service (UPS) seems on track to regain lost strength

Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic

IPO Alert: What to look for when Boundless Bio goes public

Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.

Nike (NKE) bets on innovation and partnerships to return to high growth

Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company

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