Alibaba: Fiscal Q4 Earnings Snapshot
HONG KONG (AP) — HONG KONG (AP) — Alibaba Group Holding Ltd. (BABA) on Thursday reported fiscal fourth-quarter net income of $1.71 billion.
On a per-share basis, the Hong Kong-based company said it had profit of 71 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.73 per share.
The online retailer posted revenue of $32.58 billion in the period.
Alibaba shares have increased 58% since the beginning of the year. The stock has climbed 69% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BABA at https://www.zacks.com/ap/BABA
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