Alibaba Group Holding (NYSE:BABA) reported quarterly earnings of $2.93 per share which beat the analyst consensus estimate of $2.66 by 10.15 percent. This is a 9.74 percent increase over earnings of $2.67 per share from the same period last year. The company reported quarterly sales of $38.38 billion which beat the analyst consensus estimate of $38.19 billion by 0.50 percent. This is a 4.67 percent increase over sales of $36.67 billion the same period last year.
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