Alibaba Group Announces September Quarter 2022 Results

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Alibaba (BABA) Tops Q3 EPS, Revenues a Slight Miss

November 17, 2022 6:41 AM EST

Alibaba (NYSE: BABA) reported Q3 EPS of RMB12.92 (US$1.82), RMB1.18 better than the analyst estimate of RMB11.74. Revenue for the quarter came in at RMB207.18 billion (US$29,124 million) versus the consensus estimate of RMB208.52 billion.

We delivered solid results this past quarter despite ongoing macro environment challenges, which is a testament to our resilient business model and unmatched customer value proposition, said Daniel... More