FactSet Research Systems (FDS) Revenue — Quarter Ended Nov 30, 2023
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago. The sequential gain was modest, while the year-over-year growth remained solid.
Key takeaway
Quarter ended Nov 30, 2023 · FY2024 Q1
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago. The sequential gain was modest, while the year-over-year growth remained solid.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$542.2M
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
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 |
|---|---|---|
| Feb 28, 2023 | $515.1M | +19.5% |
| May 31, 2023 | $529.8M | +8.4% |
| Aug 31, 2023 | $535.8M | +7.3% |
| Nov 30, 2023 | $542.2M | +7.4% |
Revenue performance
The reported revenue reflects a positive direction, continuing the upward trend observed in recent periods.
Quarterly comparison
When compared with the immediately preceding quarter, revenue increased by a modest amount. Relative to the same quarter one year earlier, the increase was more significant.
What to watch
The sequential revenue growth rate will be a key area to monitor in upcoming quarters.