Amcor (AMCR) Revenue — Quarter Ended Jun 30, 2023
Revenue for the final quarter was flat compared to the immediately preceding quarter. However, it declined sharply from the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue for the final quarter was flat compared to the immediately preceding quarter. However, it declined sharply from the same quarter one year earlier.
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
+0.2%
Change from the immediately preceding quarter.
Year-over-year
-6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Sep 30, 2022 | $3.7B | +8.5% |
| Dec 31, 2022 | $3.6B | +3.8% |
| Mar 31, 2023 | $3.7B | -1.1% |
| Jun 30, 2023 | $3.7B | -6.0% |
Revenue performance
The reported revenue showed a marginal sequential increase. The trailing twelve-month revenue stood at a level well above the quarterly figure.
Quarterly comparison
Compared with the prior quarter, revenue was essentially unchanged. Relative to the same quarter in the prior year, revenue was significantly lower, consistent with the downward trend shown over the last several quarters.
What to watch
The year-over-year revenue decline has accelerated from the prior quarter, marking the largest annual drop in the available trend data.