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I see the words FQ2 used in news reports sometimes, but I don't know what it means. Can someone help me here?

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Can you provide any context to this? A link to an example of its use? –  JoeTaxpayer Nov 24 '12 at 18:32
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I'm gonna guess Fiscal Quarter 2.

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This. To expand, the fiscal year of a company does not always correspond to the calendar year; i.e. the last day of FQ2 is not always June 30 for all companies. There are a number of reasons to offset the fiscal year. Use of FQ vs simply Q is sometimes ambiguous, but typically when FQ is used it is in the context of a single company and signifies the use of the company's fiscal calendar; usually when talking about an entire industry or the market as a whole, quarters i.e. Q2 are calendar quarters. –  KeithS Nov 26 '12 at 17:31
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