Corteva (CTVA) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+23.8%
Change from the immediately preceding quarter.
Year-over-year
-3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.5B
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 |
|---|---|---|
| Sep 30, 2022 | $2.8B | +17.1% |
| Dec 31, 2022 | $3.8B | +9.9% |
| Mar 31, 2023 | $4.9B | +6.2% |
| Jun 30, 2023 | $6B | -3.3% |
Revenue performance
The reported revenue rose from the prior quarter, reflecting a sequential improvement in the period.
Quarterly comparison
When measured against the same quarter last year, revenue was lower, indicating a year-over-year contraction.
What to watch
The year-over-year decline warrants attention despite the sequential growth.