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Monday, July 17, 2017

Alibaba (BABA) reported earnings Thur 17 Aug 2017 (b/o)

  • #15  on 8/16 (just before earnings); vol. 21.3 M
  • #15 8/14 - 8/16
** charts before earnings **


** charts after earnings **

Alibaba beats by $0.24, beats on revs
  • Reports Q1 (Jun) earnings of $1.17 per share, excluding non-recurring items, $0.24 better thanthe Capital IQ Consensus of $0.93; revenue +56% to $7.40 bln vs. $7.16 bln consensus.
    • Revenue from core commerce increased 58% year-over-year to RMB43,027 million (US$6,347 million).
    • Revenue from cloud computing increased 96% year-over-year to RMB2,431 million (US$359 million).
    • Revenue from digital media and entertainment increased 30% year-over-year to RMB4,081 million (US$602 million).
    • Revenue from innovation initiatives and others increased 21% year-over-year to RMB645 million (US$95 million).
    • Annual active consumers (formerly annual active buyers) on China retail marketplaces reached 466 million, an increase of 12 million from the 12-month period ended March 31, 2017.
    • Mobile MAUs on China retail marketplaces reached 529 million in June, an increase of 22 million over March 2017.
    • The number of paying customers of cloud computing business grew to 1,011,000 from 874,000 in the previous quarter. Operating loss from cloud computing was RMB532 million (US$78 million) and adjusted EBITA loss was RMB103 million (US$15 million).
    • "The significant growth in customer management revenue represents the differentiated business value we provide to our customers," said Maggie Wu, Chief Financial Officer of Alibaba Group. "It is our intention to continue investing in long-term growth opportunities, some of which are already delivering significant value to customers and investors."

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