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home / news releases / EGRNF - Alibaba Earnings: Short Term Pain For Long Term Gain

EGRNF - Alibaba Earnings: Short Term Pain For Long Term Gain

China Evergrande Group
  • Alibaba's Q2 earnings showed a slight miss on revenue and a wide miss on EPS.
  • The earnings miss was due to heavy investments (about $1.6 billion) in new business activities, not poor operating results.
  • Operating income actually jumped 10%.
  • In this article, I reiterate my bullish call on BABA, arguing that the earnings miss was almost entirely due to heavy investments in future growth.

For further details see:

Alibaba Earnings: Short Term Pain For Long Term Gain
Stock Information
Company Name: China Evergrande Group
Stock Symbol: EGRNF
Market: OTC
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