BABA - Alibaba (US:BABA) gains 4.6% on Q2 results that beat on EPS but missed on revenue by about 1% even with 54% Y/Y revenue growth. FY19 guidance has revenue from 375B to 383B yuan (consensus:

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Nov 03, 2018 07:54:28

Alibaba (US:BABA) gains 4.6% on Q2 results that beat on EPS but missed on revenue by about 1% even with 54% Y/Y revenue growth. FY19 guidance has revenue from 375B to 383B yuan (consensus: 395.75B yuan), a 4% to 6% adjustment from the original revenue guide as pressure from the US-China trade war continues.
Revenue breakdown: Core Commerce, USD10.6B (+56% Y/Y); Digital Media and Entertainment, USD865M (+24%); Innovation Initiatives and Others, USD155M (+20%).
Annual active buyers numbered 601M (consensus: 576M). Mobile MAU totaled 666M (consensus: 634M).

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