revenue growth
Revenue growth refers to the increase in a company's sales over a specific period, often measured quarterly or annually. It indicates how well a business is performing in generating income from its products or services. Companies aim for revenue growth to enhance profitability and expand their operations.
Factors contributing to revenue growth include market demand, product innovation, and effective marketing strategies. Businesses may also experience growth through expanding into new markets or acquiring other companies. Monitoring revenue growth helps stakeholders assess a company's financial health and future potential.