Company Earnings Update 3 minutesRegister for Free AccessAlibaba (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? Register for a free user account. This document was generated for Other research you may be interested in: How US Consumers Are Shopping for Groceries: Analyzing Traffic, Ticket, E-Commerce and Private LabelHome and Home-Improvement Shopping in Focus: US Consumer Survey InsightsResearch Preview: Market Navigator—US Retail and E-CommerceHow Data Sharing and Collaboration Can Accelerate Decision-Making and Enhance Sustainability
