Alibaba Group Announces March Quarter and Full Fiscal Year 2023 Results
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May 19, 2023 11:55 AM EDT
Alibaba's (NYSE: BABA) plan is "a positive catalyst" for the stock in the next six to 18 months, according to Benchmark analyst Fawne Jiang on Friday.
Along with its earnings, BABA announced a capital management plan while it also revealed upcoming events,... More
May 18, 2023 7:52 AM EDT
Alibaba (NYSE: BABA) topped first-quarter earnings estimates but missed revenue expectations on Thursday.
The Chinese technology giant reported Q1 EPS of RMB10.71, RMB1.25 better than the analyst estimate of RMB9.46. However, revenue of RMB208.2 billion in the quarter, which rose 2% YoY, was below the consensus estimate of RMB209.02... More
May 18, 2023 7:09 AM EDT
Alibaba (NYSE: BABA) announced:
Our board of directors approved a full spin-off of the Cloud Intelligence Group via a stock dividend distribution to our shareholders. Prior to the spin-off, we plan to include external strategic investors in Cloud Intelligence Group through private financings. In... More
May 18, 2023 7:07 AM EDT
Alibaba (NYSE: BABA) reported Q1 EPS of RMB10.71, RMB1.25 better than the analyst estimate of RMB9.46. Revenue for the quarter came in at RMB208.2 billion versus the consensus estimate of RMB209.02 billion.
For earnings history and earnings-related data on Alibaba (BABA) click here.
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