Understanding financial terms can be challenging, but don't worry, I'm here to guide you. Let's start with the term "last four reported quarters." This refers to the most recent four quarters or fiscal periods of a company's financial performance. It is used to analyze the company's performance over a longer period of time rather than just one quarter. By looking at the last four reported quarters, we can gain a better understanding of the company's overall financial health and trends. So, next time you come across this term, you'll know exactly what it means!