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Alibaba Group Holding Q4 Non-GAAP Earnings Fall, Revenue Rises; Announces Dividends
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Alibaba Group Holding Q4 Non-GAAP Earnings Fall, Revenue Rises; Announces Dividends
May 14, 2024 4:20 AM

07:12 AM EDT, 05/14/2024 (MT Newswires) -- Alibaba Group Holding Limited ( BABA ) reported fiscal Q4 adjusted diluted earnings Tuesday of 10.14 renminbi ($1.40) per American depositary share, down from 10.71 renminbi a year earlier.

Three analysts polled by Capital IQ expected 10.24 renminbi.

Revenue for the quarter ended March 31 was 221.87 billion renminbi, up from 208.2 billion a year earlier.

Analysts surveyed by Capital IQ expected 219.8 billion renminbi.

The company's board approved an annual cash dividend of $1.00 per ADS, and a special dividend of $0.66, both payable to holders of record on June 13.

Price: 80.81, Change: -3.79, Percent Change: -4.48

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