Alibaba beats with Q1 revenue flat YoY to $30.68B, as Cloud revenue rose 10% YoY to $2.6B, and $3.3B net income; NYSE-listed stock rises 5%+ (Arjun Kharpal/CNBC)


Arjun Kharpal / CNBC:

Alibaba beats with Q1 revenue flat YoY to $30.68B, as Cloud revenue rose 10% YoY to $2.6B, and $3.3B net income; NYSE-listed stock rises 5%+  —  – Alibaba reported fiscal first-quarter earnings on Thursday that beat expectations, sending shares higher in U.S. pre-market trade.