MSCI (MSCI) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined slightly from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a strong prior quarter, while the year-over-year gain continued a multi-quarter trend of growth.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined slightly from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a strong prior quarter, while the year-over-year gain continued a multi-quarter trend of growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$680M
Revenue reported for this quarter.
Quarter-over-quarter
-1.5%
Change from the immediately preceding quarter.
Year-over-year
+14.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.6B
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 | $621.2M | +12.6% |
| Sep 30, 2023 | $625.4M | +11.6% |
| Dec 31, 2023 | $690.1M | +19.8% |
| Mar 31, 2024 | $680M | +14.8% |
Revenue performance
Reported revenue moved lower sequentially, ending a pattern of consecutive quarterly increases. The year-over-year comparison remained positive, though the growth rate moderated from the prior quarter's pace.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased, marking the fourth consecutive quarter of year-over-year growth.
What to watch
Monitor whether the sequential decline is a temporary pause or the start of a new trend, given the prior quarter's strong growth.