Alibaba Group Announces June Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Alibaba (BABA) Tops Q1 EPS by 37c; Revenues Beat
August 15, 2019 7:08 AM EDTAlibaba (NYSE: BABA) reported Q1 EPS of $1.83, $0.37 better than the analyst estimate of $1.46. Revenue for the quarter came in at $16.74 billion versus the consensus estimate of $15.82 billion.
"Alibaba had a great quarter, expanding our user base to 674 million annual active consumers, demonstrating our superior user experience, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We will continue to expand our customer base, increase operating efficiency and deliver robust growth. With strong cash flow from our core commerce business, we will continue to invest in technology and bring digital transformation to... More
