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Wednesday, January 30, 2019

Alibaba (BABA) reported earnings on Wed 30 Jan 2019 (b/o)

** charts after earnings **


Alibaba beats by $0.68, misses on revs
  • Reports Q3 (Dec) earnings of RMB 12.19 per share, excluding non-recurring items, RMB 0.68 better than the S&P Capital IQ Consensus of RMB 11.51; revenues rose 41.3% year/year to RMB 117.28 bln ($17.06 bln) vs the RMB 118.52 bln S&P Capital IQ Consensus. 
  • Revenue from core commerce increased 40% year-over-year to RMB102,843 million (US$14,958 million).
  • Revenue from cloud computing increased 84% year-over-year to RMB6,611 million (US$962 million).
  • Revenue from digital media and entertainment increased 20% year-over-year to RMB6,491 million (US$944 million). Revenue from innovation initiatives and others increased 73% year-over-year to RMB1,333 million (US$193 million).
  • Annual active consumers on China retail marketplaces reached 636 million, an increase of 35 million from the 12-month period ended September 30, 2018.
  • "The profitability of our marketplace-based core commerce business, as measured by adjusted EBITA, was RMB54.3 billion (US$7.9 billion), representing a 31% year-over-year growth. This profitability and US$7.5 billion in free cash flow generated this quarter enable us to continue to invest in other important strategic businesses and technology to support the growth of our ecosystem."

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