TREE NEWS reports: Alibaba’s FY2027 Q1 revenue slightly beat estimates, but adjusted net profit and EPS missed, due to increased AI spending and one-time items. AI Cloud & Computing revenue surged 45% YoY with EBITA up 133%, while capex soared 75% and free cash flow turned negative.
Alibaba FY2027 Q1: AI Cloud Revenue Growth Hits Record, Profitability Achieved
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