Amcor (AMCR) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined compared to both the immediately preceding period and the same period one year earlier. The sequential decrease was smaller than the year-over-year decline.
Key takeaway
Quarter ended Sep 30, 2023 · FY2024 Q1
Revenue for the quarter declined compared to both the immediately preceding period and the same period one year earlier. The sequential decrease was smaller than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-6.3%
Change from the immediately preceding quarter.
Year-over-year
-7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.4B
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 |
|---|---|---|
| Dec 31, 2022 | $3.6B | +3.8% |
| Mar 31, 2023 | $3.7B | -1.1% |
| Jun 30, 2023 | $3.7B | -6.0% |
| Sep 30, 2023 | $3.4B | -7.2% |
Revenue performance
The reported revenue fell from the previous quarter, continuing a pattern of sequential declines observed in recent quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. The year-over-year comparison also showed a decrease, with the annual decline larger than the sequential one.
What to watch
Monitor whether the sequential revenue trend continues to decline in the upcoming quarter.