Invesco (IVZ) Revenue — Quarter Ended Jun 30, 2023
Revenue was higher than the immediate prior quarter but lower than the same period one year earlier. The year-over-year decline reflects a multi-quarter downtrend visible in the preceding periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue was higher than the immediate prior quarter but lower than the same period one year earlier. The year-over-year decline reflects a multi-quarter downtrend visible in the preceding periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
-5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.8B
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, 2022 | $1.4B | -17.4% |
| Dec 31, 2022 | $1.4B | -18.1% |
| Mar 31, 2023 | $1.4B | -13.0% |
| Jun 30, 2023 | $1.4B | -5.7% |
Revenue performance
Sequential revenue improved after several consecutive quarter-over-quarter declines, snapping the prior downward pattern.
Quarterly comparison
Revenue rose compared with the March quarter but remained below the level of the June quarter last year. The gap versus the year-ago quarter has narrowed from earlier comparisons.
What to watch
Monitor whether the sequential recovery can sustain amid the ongoing year-over-year contraction.