Quarter on Quarter

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Quarter on Quarter

The measure of performance in one quarter compared to the same quarter of a different year. This is done so that growth or decline might be measured without having to account for seasonal variance. For example, one might compare sales in Q1 of 2009 to those in Q1 of 2008. If a company sold 1,000,000 widgets in Q1/08 and 1,250,000 in Q1/09, this indicates 25% growth in sales, and is a positive sign for investors. See also: Quarter.