E-commerce giant, Alibaba, has reported fiscal fourth-quarter profit of $US832 million (A$1.1 billion).
On a per-share basis, the Hong Kong-based company said on Thursday that it had profit of 33 cents. Earnings, adjusted for one-time gains and costs, were 47 cents per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.
The online retailer posted revenue of $US3.75 billion in the period, topping Street forecasts. Ten analysts surveyed by Zacks expected $US3.59 billion.
Alibaba shares have declined almost three per cent since the beginning of the year. The stock has decreased 2 per cent in the last 12 months.
AP
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