HANGZHOU, China (AP) _ Alibaba Group Holding Ltd. (BABA) on Thursday reported fiscal second-quarter earnings of $833 million.

On a per-share basis, the Hangzhou, China-based company said it had net income of 31 cents. Earnings, adjusted for one-time gains and costs, came to $1.74 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.

The online retailer posted revenue of $31.15 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $31.92 billion.

Alibaba shares have decreased 31% since the beginning of the year. The stock has dropped 37% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BABA at https://www.zacks.com/ap/BABA

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