Alibaba Group Holding Ltd (NYSE:BABA) released its earnings report for its fiscal fourth quarter of 2018 on Friday

Source: Shutterstock

Here are some things to know about Alibaba Group Holding Ltd’s most recent earnings report.

• The Chinese commerce company reported earnings per share of 91 cents for its fiscal fourth quarter of the year.
• This is an increase over its earnings per share of 69 cents for the same time last year.
• It also beat out Wall Street’s earnings per share estimate of 86 cents for the period.
• Revenue reported during the fiscal fourth quarter of 2018 came in at $9.87 million.
• This is up 61% from its revenue reported in the fiscal fourth quarter of 2017.
• It also comes in well above analysts’ revenue estimate of $9.27 billion for the quarter.
• The company attributes its revenue growth for the quarter to a few factors.
• This includes growth of its China commerce retail business, Alibaba Cloud and international commerce retail business, and the consolidation of Cainiao Network and Intime.
• Alibaba Group Holding Ltd also reported net income of $1.06 billion for the fiscal fourth quarter of 2018.
• This is down 33% from the company’s net income reported in the same period of the year prior.
• Operating income reported by Alibaba Group Holding Ltd during the fiscal fourth quarter of the year was $1.47 billion.
• Operating income for the period was down 3% from what was reported in the same fiscal quarter of the previous year.

BABA stock was up 1% as of noon Friday.

As of this writing, William White did not hold a position in any of the aforementioned securities.