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: Weekly UK Store Openings and Closures Tracker 2025, Week 35: Marks & Spencer and New Look To Close Stores3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the HolidaysAmazon Prime Day 2025 Evolves into a Retail Ecosystem: Five Insights on a Transforming Midyear Sales SeasonWeekly UK Store Openings and Closures Tracker 2025, Week 44: Shoe Zone Closes Stores
