Dover (DOV) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year ago.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter decreased compared to the immediately preceding quarter. However, it increased compared to the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
-2.7%
Change from the immediately preceding quarter.
Year-over-year
+29.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8B
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 | $2.1B | +1.3% |
| Jun 30, 2023 | $2.1B | -2.7% |
| Sep 30, 2023 | $2B | -9.3% |
| Dec 31, 2023 | $1.9B | +29.1% |
Revenue performance
The reported revenue direction is downward on a sequential basis, reflecting a decline from the prior quarter. The trailing twelve-month revenue stood at a level consistent with the annual trend.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline in revenue over the past two quarters warrants attention.