BABA reports $35.28B in Q4 revenue, missing expectations as non-GAAP EPS drops 95% year-over-year to $0.01.
Alibaba posted fourth-quarter revenue of $35.28 billion, up 8.3% year-over-year but $1.08 billion below analyst estimates. The miss comes as non-GAAP diluted earnings per ADS fell 95% to $0.09, or $0.01 per share, from the same period last year.
Consensus estimates had anticipated stronger topline growth, with prior quarters showing more robust revenue expansion. The sharp earnings decline contrasts with Alibaba’s historical performance, signaling potential headwinds in core business segments.
The company did not disclose immediate market reactions in the release.