Company Earnings UpdateAlibaba (BABA) 2Q17 RESULTS: REVENUE BEATS CONSENSUS ON STRONG GROWTH IN E-COMMERCE AND MEDIA Coresight Research November 4, 2016 Executive Summary Alibaba reported 2Q17 non-GAAP diluted EPS of US$0.79, ahead of the US$0.70 consensus estimate and up 7% year over year. Revenues were US$5.14 billion, up 54.7% year over year and above the consensus estimates. Core commerce revenue totaled ¥49 billion (US$4.23 billion) for 2Q17, an increase of 40.8% year over year. Cloud Computing and Digital Media & Entertainment both recorded triple-digit year-over-year growth in revenue. Strong margin in the core Commerce segment will help the company to continue investment in future growth areas. 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: Weekly US Store Openings and Closures Tracker 2025, Week 22: Store Closures Up by 57%Shaping What’s Next in Retail—Physical Retail, AI, Retail Media: Insights from NextGen 2025, a Coresight Research ConferenceEconomic Confidence Climbs; Financial Optimism Turns Positive: Weekly US Consumer Sentiment, Week 23, 2025—InfographicFinancial Confidence Reaches Five-Month High: Weekly US Consumer Sentiment, Week 26, 2025—Infographic
