Key Highlights from Alibaba's (BABA) Q1 2025 Earnings Results
Thursday, 15 August 2024, 12:48
Alibaba Group Q1 2025 Earnings Overview
Alibaba Group Holding Limited (NYSE: BABA) reported its first-quarter earnings results today, showcasing some significant figures.
- Revenue: $33.4 billion, up 4% year-over-year
- Net Income: $3.34 billion attributed to ordinary shareholders
- Adjusted Net Income: $5.59 billion, down 9% from the prior year
- Diluted Earnings per ADS: $1.36
- Adjusted EPS: $0.28, down 5% year-over-year
- Cash and Cash Equivalents: As of June 30, 2024, $84.44 billion in various investments
Conclusion
While revenue growth indicates some stability, the decline in adjusted net income may raise concerns among investors, prompting further evaluation of Alibaba's strategy moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.