Alibaba's Q3 Earnings Miss Estimates, Revenues Improve Y/Y

Alibaba (BABA) shares opened 10% higher in Hong Kong on Feb. 21 to reach their highest level in more than three years, after the company reported third-quarter fiscal 2025 revenues of $38.3 million, which beat the Zacks Consensus Estimate by 0.51%. The company said it plans to invest more in e-commerce and AI.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In domestic currency, revenues of RMB 280.1 billion increased 8% year over year.The top-line increase was driven by improved monet ...