Omnicom Group (OMC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter last year. The sequential and year-over-year growth rates were both positive, indicating sustained expansion.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter last year. The sequential and year-over-year growth rates were both positive, indicating sustained expansion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+6.2%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.1B
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, 2023 | $3.6B | +3.9% |
| Dec 31, 2023 | $4.1B | +5.0% |
| Mar 31, 2024 | $3.6B | +5.4% |
| Jun 30, 2024 | $3.9B | +6.8% |
Revenue performance
The reported revenue moved upward from the immediately preceding quarter, continuing the positive trajectory seen in recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, with the year-over-year change slightly exceeding the sequential change. The trailing twelve-month revenue also reflected a larger base.
What to watch
The sequential revenue growth rate was slightly lower than the year-over-year rate, which may warrant monitoring for any deceleration in momentum.