The percentage year-on-year change in quarterly revenues. The calculation of quarterly year-on-year change is the most recent quarter's revenues minus the year-ago quarter's revenues, divided by the year-ago quarter's revenues; the resulting figure is then multiplied by 100.
Benefit
If this figure is positive, the company’s revenues are growing; if it’s negative, revenues are declining. Falling quarterly revenues can be a sign of recent trouble, even if the company’s annual revenue growth is still positive.
Origin
This information is found in the company’s two most-recent quarterly income statements. This information is updated weekly.
For the Pros
Because of normal seasonal fluctuations in a company's sales throughout a fiscal year, it is usually best to compare quarterly sales figures not with the preceding quarter, but with the same quarter one year ago.