Dover (DOV) Revenue — Quarter Ended Sep 30, 2023
Revenue for this reporting period decreased compared to the immediately preceding period and the same period one year earlier. The decline marks a contraction in top-line performance against both benchmarks.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for this reporting period decreased compared to the immediately preceding period and the same period one year earlier. The decline marks a contraction in top-line performance against both benchmarks.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
-6.7%
Change from the immediately preceding quarter.
Year-over-year
-9.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
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 |
|---|---|---|
| Dec 31, 2022 | $1.5B | -25.8% |
| Mar 31, 2023 | $2.1B | +1.3% |
| Jun 30, 2023 | $2.1B | -2.7% |
| Sep 30, 2023 | $2B | -9.3% |
Revenue performance
Revenue moved lower from the prior period, reflecting a sequential decline. The year-over-year comparison also showed a reduction.
Quarterly comparison
Compared to the preceding period, revenue was lower. Versus the same period a year ago, revenue was also down.
What to watch
Monitor whether the revenue decline continues in subsequent periods or stabilizes.