Datavault AI (DVLT) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year ago. The downward trend continued from earlier periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year ago. The downward trend continued from earlier periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$425K
Revenue reported for this quarter.
Quarter-over-quarter
-9.4%
Change from the immediately preceding quarter.
Year-over-year
-55.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7M
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 | $937K | -48.1% |
| Dec 31, 2022 | $916K | -54.2% |
| Mar 31, 2023 | $469K | -17.1% |
| Jun 30, 2023 | $425K | -55.1% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, reflecting a continued sequential decline. The year-over-year comparison also showed a substantial drop.
Quarterly comparison
Compared to the prior quarter, revenue was lower, and the decline was steeper when measured against the same quarter one year earlier. The trailing twelve-month revenue figure was also down.
What to watch
The filing context does not provide specific causes for the revenue change; monitor future filings for any operational or market updates.