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Communications Services Industry Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Communications Services Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  FY 2023 2023 2023 2023 FY 2022
Y / Y Revenue Quarterly Growth 28.28 % 0.23 % -4.38 % -9.31 % -26.39 %
Seq. Revenue Quarterly Growth 22.22 % 1.36 % -1.13 % 4.33 % -10.95 %
Overall Ranking Y/Y # 23 # 54 # 72 # 88 # 98
Y / Y Revenue Annual Growth (at the end of Fiscal Year) 7.67 % 0.23 %
Y / Y Revenue Growth (Annual by Quarter Ending) 7.67 % -7.26 % -10.34 % -10.5 % 0.23 %
Seq. Revenue Growth (Annual by Quarter Ending) 9.12 % -0.35 % -0.74 % -3.3 % 2.79 %
Overall Ranking Y/Y (Annual) # 43 # 83 # 91 # 95 # 84



Revenue growth Comment

Communications Services Industry's pace of Revenue growth in 4 Q 2023 accelerated to 28.28 % year on year, above Industry average.

Sequentially Revenue grew by 22.22 %.

Within Services sector 6 other industries have accomplished higher Revenue growth. Revenue growth total ranking has impoved so far to 23, from total ranking in previous quarter at 54.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Revenue Y/Y Growth Statistics
High
Average
Low
14.46 % 1.67 % -26.39 %
1. quarter 2021
 
4. quarter 2022

Industry Revenue Y/Y Growth Ranking
Within: No.
Services Sector # 7
Overall Market # 23



Annual Basis Communications Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
28.22 % 3.54 % -10.5 %
1. quarter 2014
 
1. quarter 2023

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Communications Services Industry's pace of cumulative 12 months Sales growth in 4 Q 2023 accelerated to 7.67 % year on year, above Industry average.

Sequentially TTM Revenue grew by 9.12 %.

Within Services sector 8 other industries have achieved higher Revenue growth. Revenue growth total ranking has improved so far to 43, from total ranking in the previous quarter at 83.

Industry Revenue Y/Y Growth Ranking Annual
Within: No.
Sector # 9
Overall Market # 43





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