Centene (CNC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the reporting quarter decreased compared to the prior quarter but increased compared to the same quarter a year earlier. This marks the first sequential decline after several quarters of growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the reporting quarter decreased compared to the prior quarter but increased compared to the same quarter a year earlier. This marks the first sequential decline after several quarters of growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$36B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$142.6B
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, 2023 | $35B | +3.7% |
| Dec 31, 2023 | $35.3B | +5.3% |
| Mar 31, 2024 | $36.3B | +4.0% |
| Jun 30, 2024 | $36B | +3.3% |
Revenue performance
Revenue declined from the immediately preceding quarter, ending a streak of sequential increases.
Quarterly comparison
Compared to the prior quarter, revenue was lower. Versus the same quarter last year, revenue was higher.
What to watch
The sequential decline in revenue follows a period of consistent growth, which may be a point of focus for investors.