Homonym: Q3 (Quarter)
Q3, or the third quarter, refers to a specific period in a financial year, typically covering the months of July, August, and September. Businesses and organizations often use this time frame to assess their performance, analyze trends, and make strategic decisions for the remainder of the year.
In many industries, Q3 is crucial for evaluating sales and revenue growth, as it often includes back-to-school shopping and preparations for the holiday season. Companies may release their earnings reports during this time, providing insights into their financial health and operational efficiency.