Amcor (AMCR) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter was higher than the immediately preceding quarter but lower than the same quarter one year earlier. The sequential growth contrasts with the year-over-year decline.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue for the quarter was higher than the immediately preceding quarter but lower than the same quarter one year earlier. The sequential growth contrasts with the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
-1.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.9B
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, 2022 | $3.9B | +13.2% |
| Sep 30, 2022 | $3.7B | +8.5% |
| Dec 31, 2022 | $3.6B | +3.8% |
| Mar 31, 2023 | $3.7B | -1.1% |
Revenue performance
The reported revenue for the quarter increased compared to the prior quarter, marking a sequential improvement.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. However, compared to the same quarter one year earlier, revenue fell.
What to watch
The contrasting trends between sequential growth and year-over-year decline highlight a shift in revenue performance.