Alibaba (BABA) misses on fiscal Q2 EPS, revenue
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UPGRADEAlibaba (BABA) missed both of Wall Streets' consensus earnings and revenue forecasts for the fiscal Q2 quarter. The ecommerce giant reported non-GAAP earnings per share (EPS) of $1.74, missing the estimate of $1.93, and revenue of $31.15 billion, which missed the $32.05 billion estimate.
BABA stock is down 3.5% to $156 in Thursday's premarket. The company's stock has fallen around 50% in the past year due to regulatory scrutiny from the Chinese government.
More Excited about $BABA results than my university results
— TastyLaksa (@LaksaTasty) November 18, 2021
More Excited about $BABA results than my university results
— TastyLaksa (@LaksaTasty) November 18, 2021
Alibaba (BABA) missed both of Wall Streets' consensus earnings and revenue forecasts for the fiscal Q2 quarter. The ecommerce giant reported non-GAAP earnings per share (EPS) of $1.74, missing the estimate of $1.93, and revenue of $31.15 billion, which missed the $32.05 billion estimate.
BABA stock is down 3.5% to $156 in Thursday's premarket. The company's stock has fallen around 50% in the past year due to regulatory scrutiny from the Chinese government.
More Excited about $BABA results than my university results
— TastyLaksa (@LaksaTasty) November 18, 2021
More Excited about $BABA results than my university results
— TastyLaksa (@LaksaTasty) November 18, 2021
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