Verisk Analytics (VRSK) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter was essentially flat compared to the prior quarter, but showed a solid increase from the same quarter a year ago. The company's trailing twelve-month revenue remained at a level consistent with the latest quarterly run rate.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter was essentially flat compared to the prior quarter, but showed a solid increase from the same quarter a year ago. The company's trailing twelve-month revenue remained at a level consistent with the latest quarterly run rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$677.2M
Revenue reported for this quarter.
Quarter-over-quarter
-0.1%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7B
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 | $651.6M | +1.2% |
| Jun 30, 2023 | $675M | +10.2% |
| Sep 30, 2023 | $677.6M | +11.1% |
| Dec 31, 2023 | $677.2M | +7.4% |
Revenue performance
Reported revenue declined marginally from the immediately preceding quarter, reflecting a slight sequential contraction. On a year-over-year basis, revenue grew at a healthy pace, continuing the positive trend observed throughout the fiscal year.
Quarterly comparison
Compared to the prior quarter, revenue was nearly unchanged, with a minimal decrease. Relative to the same quarter one year earlier, revenue increased, marking the fourth consecutive quarter of year-over-year growth.
What to watch
The near-flat sequential revenue warrants attention, particularly after several quarters of stronger sequential gains earlier in the year.