IDEX (IEX) Revenue — Quarter Ended Jun 30, 2024
Revenue for the reported quarter increased compared to the immediately preceding quarter. However, it declined compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the reported quarter increased compared to the immediately preceding quarter. However, it declined compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$807.2M
Revenue reported for this quarter.
Quarter-over-quarter
+0.8%
Change from the immediately preceding quarter.
Year-over-year
-4.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.2B
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 |
|---|---|---|
| Sep 30, 2023 | $793.4M | -3.7% |
| Dec 31, 2023 | $788.9M | -2.7% |
| Mar 31, 2024 | $800.5M | -5.3% |
| Jun 30, 2024 | $807.2M | -4.6% |
Revenue performance
The sequential revenue growth was modest, while the year-over-year comparison showed a decline. The trailing twelve-month revenue remained at a level consistent with recent performance.
Quarterly comparison
Compared to the prior quarter, revenue rose slightly. Compared to the same quarter in the previous year, revenue was lower.
What to watch
The company's revenue has posted year-over-year decreases in each of the last four quarters.