DuPont de Nemours (DD) Revenue — Quarter Ended Dec 31, 2023
The reported revenue was negative for the quarter, marking a significant reversal from positive figures in both the prior quarter and the same quarter a year earlier. The swing reflects a sharp decline in top-line performance.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
The reported revenue was negative for the quarter, marking a significant reversal from positive figures in both the prior quarter and the same quarter a year earlier. The swing reflects a sharp decline in top-line performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
-$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
-183.6%
Change from the immediately preceding quarter.
Year-over-year
-182.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Mar 31, 2023 | $3B | -7.8% |
| Jun 30, 2023 | $3.1B | -6.9% |
| Sep 30, 2023 | $3.1B | -7.8% |
| Dec 31, 2023 | -$2.6B | -182.3% |
Revenue performance
Revenue turned negative, contrasting with positive revenue in each of the preceding three quarters of the trailing twelve-month period. The trailing total revenue remained positive, indicating the weight of the current quarter's loss.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell from a positive figure to a negative one. Versus the same quarter one year earlier, revenue also swung from positive to negative.
What to watch
The magnitude of the revenue swing between quarters warrants close attention to underlying drivers in future filings.