Amcor (AMCR) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the reported quarter. The decrease was steeper compared to the same quarter last year than the sequential drop from the prior quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q2
Revenue declined in the reported quarter. The decrease was steeper compared to the same quarter last year than the sequential drop from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
-5.6%
Change from the immediately preceding quarter.
Year-over-year
-10.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$14B
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 |
|---|---|---|
| Mar 31, 2023 | $3.7B | -1.1% |
| Jun 30, 2023 | $3.7B | -6.0% |
| Sep 30, 2023 | $3.4B | -7.2% |
| Dec 31, 2023 | $3.3B | -10.7% |
Revenue performance
The company's revenue for the quarter was lower than both the prior quarter and the year-ago period, indicating a continued downward trend.
Quarterly comparison
Sequentially, revenue fell from the immediately preceding quarter. On an annual basis, the decline was more pronounced versus the same quarter one year earlier.
What to watch
Revenue has declined for the past several quarters, with the latest quarter showing the lowest level.