Invesco (IVZ) Revenue — Quarter Ended Dec 31, 2023
Revenue for the current quarter was lower than both the immediately preceding quarter and the same quarter one year earlier. The decline reflects a continuation of the downward trend observed over the past four quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the current quarter was lower than both the immediately preceding quarter and the same quarter one year earlier. The decline reflects a continuation of the downward trend observed over the past four quarters.
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
-2.0%
Change from the immediately preceding quarter.
Year-over-year
-2.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
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 |
|---|---|---|
| Mar 31, 2023 | $1.4B | -13.0% |
| Jun 30, 2023 | $1.4B | -5.7% |
| Sep 30, 2023 | $1.4B | -0.3% |
| Dec 31, 2023 | $1.4B | -2.1% |
Revenue performance
The reported revenue decreased from the prior quarter, marking a sequential decline. Year-over-year, revenue also fell compared to the same period last year.
Quarterly comparison
Compared to the preceding quarter, revenue was lower, and the year-ago comparison also showed a decrease. The magnitude of the quarter-over-quarter change was similar to the year-over-year change.
What to watch
Monitor whether the revenue decline stabilizes in upcoming quarters, given the consistent downward trend.