Your email has been successfully added to our mailing list.

×
-0.00150501672240808 0.00334448160535114 0.00922965440356744 0.00585284280936461 -0.0021125975473801 0.00613154960981045 0.0274804905239688 0.033974358974359
Stock impact report

Alibaba tops revenue forecasts as investments clip margins [Reuters (UK)]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Reuters
Alibaba tops revenue forecasts as investments clip margins | Reuters 3 Min Read BEIJING (Reuters) - Alibaba Group Holding Ltd ( BABA.N ) reported better than expected top line results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by flurry of investments. The company’s March-quarter revenue grew 61 percent to 61.9 billion yuan ($9.73 billion) from a year earlier, beating analyst estimates of a 53 percent increase. The results mark two years of continuous quarterly revenue growth above 50 percent for Alibaba, even as new business investments in offline retail, cloud computing and overseas expansion continue to weigh on margins. Alibaba’s operating margin for the quarter was 15 percent, down from 25 percent a year earlier. The internet giant announced in March that it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group, adding to a run of recent investments in China including brick-and-mortar Show less Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BABA alerts
Opt-in for
BABA alerts

from News Quantified
Opt-in for
BABA alerts

from News Quantified