FactSet Research Systems (FDS) Revenue — Quarter Ended Feb 29, 2024
Revenue increased for the quarter ended February 29, 2024, compared with the same quarter one year earlier. The growth rate, however, was the slowest among the four most recent quarters.
Key takeaway
Quarter ended Feb 29, 2024 · FY2024 Q2
Revenue increased for the quarter ended February 29, 2024, compared with the same quarter one year earlier. The growth rate, however, was the slowest among the four most recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$545.9M
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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 |
|---|---|---|
| May 31, 2023 | $529.8M | +8.4% |
| Aug 31, 2023 | $535.8M | +7.3% |
| Nov 30, 2023 | $542.2M | +7.4% |
| Feb 29, 2024 | $545.9M | +6.0% |
Revenue performance
Revenue rose from the immediately preceding quarter, continuing the upward trajectory observed over the trailing four quarters.
Quarterly comparison
Compared with the same quarter last year, revenue was higher, but the rate of increase was lower than in each of the prior three sequential quarters.
What to watch
Monitor whether revenue growth continues as it has softened relative to the prior trend.