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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Raleon’s AI-Powered Solution Optimizes Loyalty Programs To Enhance Customer EngagementInnovator Profile: Hawke AI Powers Performance Analytics for Enhanced Marketing IntelligenceEarnings Insights 1Q23, Week 6: Five Below, Lululemon and PVH Post Strong Results; Capri Holdings, Macy’s and Nordstrom See Sales DeclineRetailTech: How Consumers and Grocery Retailers Can Reduce Food Waste from Field to Fridge
