Datavault AI (DVLT) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential decline was more pronounced than the year-over-year decrease.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential decline was more pronounced than the year-over-year decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$469K
Revenue reported for this quarter.
Quarter-over-quarter
-48.8%
Change from the immediately preceding quarter.
Year-over-year
-17.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.3M
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, 2022 | $946K | -40.2% |
| Sep 30, 2022 | $937K | -48.1% |
| Dec 31, 2022 | $916K | -54.2% |
| Mar 31, 2023 | $469K | -17.1% |
Revenue performance
Revenue decreased from the prior quarter, continuing a downward trend.
Quarterly comparison
Compared to the same quarter last year, revenue was also lower. The decline from the prior quarter was larger than the decline from the year-ago period.
What to watch
Monitor whether the company can reverse the revenue decline in upcoming quarters.