MT Newswires Live11-25
Alibaba Group Holding (BABA) reported fiscal Q2 non-GAAP earnings Tuesday of 4.36 renminbi ($0.61) per diluted American depositary share, down from 15.06 renminbi a year earlier.
Analysts polled by FactSet expected 6.03 renminbi.
Revenue for the quarter ended Sept. 30 was 247.80 billion renminbi, compared with 236.50 billion renminbi a year earlier.
Analysts surveyed by FactSet expected 243.75 billion renminbi.
The company's shares were up more than 4% in recent Tuesday premarket activity.
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