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Communications Services Industry Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Communications Services Industry 2 Q 1 Q 4 Q 3 Q 2 Q
  2024 2024 FY 2023 2023 2023
Y / Y Revenue Quarterly Growth 0.66 % -0.15 % 10.59 % 0.32 % -4.35 %
Seq. Revenue Quarterly Growth -0.29 % -5.54 % 5.3 % 1.41 % -1.15 %
Overall Ranking Y/Y # 66 # 54 # 5 # 57 # 74
Y / Y Revenue Annual Growth (at the end of Fiscal Year) 16.52 %
Y / Y Revenue Growth (Annual by Quarter Ending) 4.03 % -0.66 % 16.52 % -7.24 % -10.36 %
Seq. Revenue Growth (Annual by Quarter Ending) 0.13 % -2.62 % 17.57 % -0.33 % -0.73 %
Overall Ranking Y/Y (Annual) # 40 # 58 # 16 # 83 # 94

New: More Communications Services Industrys' historic Revenue growth >>


Revenue growth Comment
Communications Services Industry's pace of Revenue growth in 2 Q 2024 accelerated to 0.66 % year on year, but remained below Industry average.

Sequentially Revenue fell by -0.29 %.

Within Services sector 12 other industries have accomplished higher Revenue growth. Revenue increase overall ranking has deteriorated compared to the previous quarter from 54 to 66.

 

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
28.12 % 2.02 % -26.39 %
4. quarter 2023
  
4. quarter 2022

Industry Revenue Y/Y Growth Ranking
Within: No.
Services Sector # 13
Overall Market # 66



Annual Basis Communications Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
28.22 % 3.8 % -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 2 Q 2024 accelerated to 4.03 % year on year, above Industry average.

Sequentially TTM Revenue grew by 0.13 %.

Within Services sector 9 other industries have achieved higher Revenue growth. Revenue growth total ranking has improved so far to 40, from total ranking in the previous quarter at 58.

Industry Revenue Y/Y Growth Ranking Annual
Within: No.
Sector # 10
Overall Market # 40





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