At Embedded World 2019, MISRA launched an updated version of the world-leading MISRA C guidelines – described as MISRA C:2012 3rd Edition, 1st Revision.
This terminology itself appears to have caused some confusion… so let’s take a closer look!
The MISRA Guidelines for the use of the C language (MISRA C) was first published in April 1998, with a second edition following in October 2004.
Thus MISRA C:2012 is the third edition of the guidelines.

Both MISRA C:1998 and MISRA C:2004 were subsequently re-issued to consolidate Technical Corrigenda.
For MISRA C:2012, following the publication of Amendment 1 Additional Security Guidelines and subsequently Technical Corrigendum 1, the MISRA C Working Group decided to consolidate these.
Given that this was a consolidation, an incremental update, the Working Group agreed that it was appropriate to identify the consolidated document as a Revision, rather than a new Edition.
Put simply:

Having consolidated the existing increments, the MISRA C Working Group is now focused on producing enhancements that can address the undesirable features of ISO/IEC 9899:2011 (C11) and ISO/IEC 9899:2018 (C18).

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This article has been published in Embedded Computing magazine.
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