Alibaba reported revenues of 205.6 billion ($30.4 billion) for its quarter ended June, a 1% decrease from the same time last year. It was the first time that the company reported a contraction in sales. That was still better than the average analyst estimate of $30.09 billion, according to FactSet.
Net income plunged 50% to 22.7 billion yuan ($3.4 billion). Excluding one-time charges, adjusted earnings per ADS totaled $1.75, topping the average analyst estimate of $1.60 per share.
Its U.S.-listed shares rose about 5% in premarket trading Thursday.
この記事は Techlife News の August 06, 2022 版に掲載されています。
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