Cencora (COR) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter decreased from the preceding quarter but increased compared with the same quarter one year earlier. The sequential decline followed a period of growth, while the year-over-year gain continued an upward trend.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q2
Revenue for the quarter decreased from the preceding quarter but increased compared with the same quarter one year earlier. The sequential decline followed a period of growth, while the year-over-year gain continued an upward trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$68.4B
Revenue reported for this quarter.
Quarter-over-quarter
-5.3%
Change from the immediately preceding quarter.
Year-over-year
+7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$276.5B
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 |
|---|---|---|
| Jun 30, 2023 | $66.9B | +11.5% |
| Sep 30, 2023 | $68.9B | +12.7% |
| Dec 31, 2023 | $72.3B | +15.0% |
| Mar 31, 2024 | $68.4B | +7.8% |
Revenue performance
The reported revenue declined from the immediately preceding quarter, ending a streak of sequential increases. The year-over-year comparison, however, showed a rise from the same quarter one year ago.
Quarterly comparison
Compared with the prior quarter, revenue fell by a mid-single-digit percentage. When measured against the same quarter in the prior year, revenue rose by a high-single-digit percentage.
What to watch
The sequential decline in a historically strong seasonal quarter may warrant attention given the prior pattern of consecutive increases.