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Alibaba Group Holding's Fiscal Q2 Adjusted Earnings Fall, Revenue Rises
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Alibaba Group Holding's Fiscal Q2 Adjusted Earnings Fall, Revenue Rises
Nov 15, 2024 12:24 PM

06:52 AM EST, 11/15/2024 (MT Newswires) -- Alibaba Group Holding ( BABA ) reported fiscal Q2 adjusted earnings Friday of 15.06 renminbi ($2.15) per diluted American depositary share, down from 15.63 renminbi a year earlier.

Analysts polled by Capital IQ expected 14.77 renminbi.

Revenue for the quarter ended Sept. 30 was 236.50 billion renminbi, compared with 224.79 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 240.04 billion renminbi.

Price: 93.59, Change: +3.01, Percent Change: +3.32

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