Invesco (IVZ) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the latest quarter, reversing the downward trend seen in the prior three periods. The rise was observed both sequentially and compared to the same quarter last year.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the latest quarter, reversing the downward trend seen in the prior three periods. The rise was observed both sequentially and compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+4.0%
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 |
|---|---|---|
| Jun 30, 2023 | $1.4B | -5.7% |
| Sep 30, 2023 | $1.4B | -0.3% |
| Dec 31, 2023 | $1.4B | -2.1% |
| Mar 31, 2024 | $1.5B | +4.0% |
Revenue performance
The reported revenue for this quarter was higher than the immediately preceding quarter and also above the level from the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue moved upward. Compared with the same quarter a year ago, revenue also showed an increase.
What to watch
After three consecutive quarters of declines, the reversal to growth in this quarter merits observation for sustainability.