Atmos Energy (ATO) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year ago. The decline continues a pattern of sequential drops over the past four quarters.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q4
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year ago. The decline continues a pattern of sequential drops over the past four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$587.6M
Revenue reported for this quarter.
Quarter-over-quarter
-11.3%
Change from the immediately preceding quarter.
Year-over-year
-18.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.3B
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 | $1.5B | +46.5% |
| Mar 31, 2023 | $1.5B | -6.6% |
| Jun 30, 2023 | $662.7M | -18.8% |
| Sep 30, 2023 | $587.6M | -18.7% |
Revenue performance
The reported revenue was lower than the prior quarter, reflecting a continued downward trajectory in the current fiscal year.
Quarterly comparison
Compared to the preceding quarter, revenue was down, and the year-over-year comparison also showed a decrease from the same period last year.
What to watch
The sequential revenue decline has persisted for multiple quarters, with the current quarter reaching the lowest level in the trailing four quarters.