Alibaba Group Announces December Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St futures flat after tech rout; Iran tensions, retail earnings in focus
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Target raises full-year sales forecast amid ongoing turnaround drive
- Global bond rout pauses as sovereign yields back off multi-decade highs
- Lowe's slashes full-year sales outlook amid DIY spending pressure
- Tech selloff weighs down Wall Street as bond yields climb
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Francisco Partners to acquire Weave Communications for $650M
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Goldman Sachs to acquire real estate company LCN for up to $410M
Alibaba (BABA) pops as $25B buybacks increase outweighs soft results
February 7, 2024 6:38 AM ESTAlibaba (NYSE: BABA) announced today its results for the quarter ending December 31.
Earnings per share (EPS) came in at RMB18.97 ($2.67), missing analyst expectations of RMB19.17. The company's revenue reached RMB260.35 billion, just shy of the consensus forecast of RMB260.65 billion.
In a significant move to enhance... More
Alibaba (BABA) Increases Share Buyback by $25B
February 7, 2024 6:33 AM ESTAlibaba (NYSE: BABA) delivered a healthy quarter with revenue growth of 5% year-over-year. We increased our investment in strategic priorities and improved shareholder return by leveraging our strong balance sheet and cash flow. Our board of directors approved an increase of US$25 billion to our share repurchase... More
