The AES (AES) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter rose compared to both the prior quarter and the same quarter last year, reflecting continued growth in the reported period. The improvement accelerated from the sequential increase seen in the preceding three-month period.
Key takeaway
Quarter ended Mar 31, 2024 · FY2022 Q2
Revenue for the quarter rose compared to both the prior quarter and the same quarter last year, reflecting continued growth in the reported period. The improvement accelerated from the sequential increase seen in the preceding three-month period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
+14.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $3B | +12.1% |
| Sep 30, 2023 | $3.4B | +27.2% |
| Dec 31, 2023 | $3B | -3.0% |
| Mar 31, 2024 | $3.1B | +14.3% |
Revenue performance
The reported revenue increased from the immediately preceding quarter, reversing the decline observed in the prior sequential period.
Quarterly comparison
Compared with the same quarter a year earlier, revenue was higher and the pace of year-over-year growth strengthened relative to the prior quarter's annual comparison. The sequential trend shows a recovery after a decrease in the previous quarter.
What to watch
The company's filing refers to adjusted non-GAAP metrics and risk factors, which may inform how reported revenue trends are evaluated.