Alibaba's First Earnings Report: 54 Percent Sales Growth
The company also reported revenue of $2.74 billion and earnings per share of 45 cents.By Danny Matteson | November 4, 2014
When Alibaba went public earlier this year, it was one of the biggest IPOs of all time — and on Tuesday, we had our first glimpse at whether buying in was a good investment.
CNBC: "The big story of the morning is, of course, Alibaba. Shares in the green after quarterly profit was in line with street estimates."
BLOOMBERG: "No surprises — and I think that's what they got here. Revenue, EPS generally came in line with slightly better than expectations."