Company Earnings UpdateAlibaba (NYSE: BABA) 3Q19 Results: Solid Growth Driven by Core Commerce and Cloud Segments Coresight Research February 1, 2019 Executive Summary Alibaba reported 3Q19 revenues of ¥117.3 billion ($17.1 billion), up 41% year over year as its China retail marketplaces and cloud business performed well. 3Q19 revenues missed the consensus estimate of ¥119.4 billion while non-GAAP diluted EPS of ¥12.19 beat the consensus estimate of ¥11.21. Management remains vigilant of China’s uncertain economy, so will seek development in new areas and pursue global expansion to sustain growth. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in Global Discount Grocery Retailing: Aldi vs. LidlFlipkart Big Billion Days 2025: Sales-Tax Cuts To Drive Strong Consumer DemandGroceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified VisionEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report Declines
