Adjective
QOQ
Alternative form of QoQ
QoQ
(economics) Initialism of quarter-over-quarter/quarter-on-quarter.
HCL Tech reported a 7.4% qoq degrowth in revenues to USD 2,356mn which was in line with market expectations. Source: Internet
Gross margin (GM) at 74.6% improved 100bps QoQ and 316bps YoY on better mix, and process optimisation. Source: Internet
The ‘below investment grade’ book has also increased by 20bps QoQ to 1.1% of loans while credit cost is likely to shoot up in the coming quarters, impacting the net interest margin of the bank. Source: Internet
This dynamic is also evident in the vertical composition of revenues — wherein revenues have declined sequentially across all verticals barring hi-tech (+5.1 per cent QoQ). Source: Internet
Free cash flow came in at 273%, with per-share growth up an incredible 200% yoy and 15% qoq. Source: Internet
Banking segment revenue improved by a modest 1.8% QoQ. Source: Internet