Becton, Dickinson and (BDX) Revenue — Quarter Ended Sep 30, 2023
Revenue continued to grow, marking the strongest quarterly increase among the periods shown. The reported result was higher than both the immediately preceding quarter and the same quarter one year prior.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q4
Revenue continued to grow, marking the strongest quarterly increase among the periods shown. The reported result was higher than both the immediately preceding quarter and the same quarter one year prior.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.4B
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 | $4.6B | -2.8% |
| Mar 31, 2023 | $4.8B | +1.5% |
| Jun 30, 2023 | $4.9B | +5.1% |
| Sep 30, 2023 | $5.1B | +6.8% |
Revenue performance
The quarter’s revenue exceeded that of the prior three-month period, extending the upward trajectory observed earlier in the fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Versus the same quarter one year earlier, revenue also showed an increase, reflecting a stronger year-over-year gain than the sequential improvement.
What to watch
The filing notes efforts to optimize inventory levels, yet provides no further details on whether such initiatives will persist.