Ares Management (ARES) Revenue — Quarter Ended Dec 31, 2023
Revenue increased for the quarter. The improvement was seen both sequentially and compared to the same period one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased for the quarter. The improvement was seen both sequentially and compared to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+57.0%
Change from the immediately preceding quarter.
Year-over-year
+12.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $813.4M | +13.8% |
| Jun 30, 2023 | $1.1B | +81.8% |
| Sep 30, 2023 | $671.3M | -16.2% |
| Dec 31, 2023 | $1.1B | +12.4% |
Revenue performance
The quarter's revenue exceeded that of the prior quarter and also surpassed the figure from the year-ago quarter.
Quarterly comparison
The sequential growth was more pronounced than the year-over-year advance.
What to watch
Revenue has shown notable swings across the most recent four quarters.