Alibaba reported revenue of $33.9 billion in the fourth quarter, up from the expected $32.5 billion, according to the company’s press release. Non-GAAP diluted earnings per share was $3.38, up from the expected $3.11.
- Net income attributable to ordinary shareholders was $12,173 million while non-GAAP net income was $9,074 million, an increase of 27% year over year.
- Cloud computing revenue was $2.47 billion, up 50% year over year.
- The number of active buyers was 779 million, up from 757 million in the previous quarter, and 711 million the previous year.
- Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was $10.5 billion, up 22% year over year.
- Adjusted EBITDA margin was 31%, down from 35% in the previous year.
- Core commerce revenue was $29.9 billion, up 38% year over year.
- Mobile monthly active users (MAUs) reached 902 million, up from the expected 899 million, a 2.4% gain quarter over quarter and 9.5% year over year.
- Alibaba has set a special task force to conduct internal reviews of its regulatory requirements based on anti-monopoly scrutiny by the State Administration for Market Regulation (SAMR).
- Ant is in the process of developing a rectification plan on halted initial public offerings and will issue an update once the relevant regulatory procedures are completed.
Alibaba stock is currently declining. BABA: NYSE down 0.26% on premarket.
