Alibaba Fiscal Q4 Non-GAAP Earnings, Revenue Increase

MT Newswires Live
15 May

Alibaba Group (BABA) reported fiscal Q4 non-GAAP earnings Thursday of 12.52 Chinese renminbi ($1.74) per diluted American depositary share, up from 10.14 renminbi a year earlier.

Analysts polled by FactSet expected 12.56 renminbi.

Revenue for the quarter ended March 31 was 236.45 billion renminbi, up from 221.87 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 239.63 billion renminbi.

The company's shares were down 4.8% in recent premarket activity.

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