Reported about 6 hours ago
Year-over-year (YOY) growth is a vital metric for investors, showing how a company's performance changes over time by comparing two equivalent periods. This measurement helps assess trends and risks, allowing investors to make more informed decisions based on how metrics like revenues and profits evolve. By simplifying calculations, YOY growth provides insights into a company's financial health, facilitating comparisons across sectors and indicating potential opportunities or risks.
Source: YAHOO