HONG KONG (AP) — HONG KONG (AP) — Alibaba Group Holding Ltd. (BABA) on Friday reported fiscal first-quarter earnings of $6.02 billion.
The Hong Kong-based company said it had profit of $2.51 per share. Earnings, adjusted for one-time gains and costs, were $2.06 per share.
The online retailer posted revenue of $34.57 billion in the period.
Alibaba shares have climbed 41% since the beginning of the year. The stock has increased 50% in the last 12 months.
_____
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
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
