Net Income Q/Q Growth
The financial metric "Net Income Q/Q Growth" (Quarter-over-Quarter Growth) for a company measures the percentage change in its net income for the current quarter compared to the net income for the same quarter in the previous fiscal year. It is calculated by subtracting the net income of the previous quarter from the net income of the current quarter and dividing the result by the net income of the previous quarter, then multiplying that result by 100. This metric is used to gauge a company's profitability and growth rate over a specific period. A higher Q/Q growth in net income is generally considered favorable and could indicate that a company's operations are improving.
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