IDEX (IEX) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter was lower compared to the immediately preceding quarter. However, it showed a slight increase relative to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter was lower compared to the immediately preceding quarter. However, it showed a slight increase relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$798.2M
Revenue reported for this quarter.
Quarter-over-quarter
-1.1%
Change from the immediately preceding quarter.
Year-over-year
+0.6%
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 |
|---|---|---|
| Dec 31, 2023 | $788.9M | -2.7% |
| Mar 31, 2024 | $800.5M | -5.3% |
| Jun 30, 2024 | $807.2M | -4.6% |
| Sep 30, 2024 | $798.2M | +0.6% |
Revenue performance
The reported revenue declined from the prior quarter, continuing a pattern of sequential decreases seen in the most recent quarters.
Quarterly comparison
Compared with the prior quarter, revenue was down. Versus the same quarter a year ago, revenue was modestly higher.
What to watch
Revenue has experienced sequential declines in each of the last three quarters, despite a year-over-year increase this quarter.