Alibaba: Q2 revenues up 54%

(CercleFinance.com) - Published this Friday before Wall Street opens, the Chinese e-commerce giant Alibaba's Q2 results included a 12% y-o-y increase in EPS to 1.
11 dollar.

Non-GAAP EPS amounted to 1.4 dollar, again up 12%. Analysts expected EPS of 1.07 dollar.

Revenues also rose - indeed much sharper, soaring 54% over the last three months to 12.4 billion dollars. Revenues over 6 months therefore reached 24.2 billion dollars.

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