Datavault AI (DVLT) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the quarter, compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease continues a pattern of year-over-year revenue declines observed in recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined in the quarter, compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease continues a pattern of year-over-year revenue declines observed in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$255K
Revenue reported for this quarter.
Quarter-over-quarter
-39.3%
Change from the immediately preceding quarter.
Year-over-year
-45.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.9M
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, 2023 | $425K | -55.1% |
| Sep 30, 2023 | $769K | -17.9% |
| Dec 31, 2023 | $420K | -54.1% |
| Mar 31, 2024 | $255K | -45.6% |
Revenue performance
The reported revenue decreased from the prior quarter. The decline was also significant when measured against the same period a year ago.
Quarterly comparison
Revenue in the current quarter was lower than the preceding quarter's figure. Additionally, revenue fell short of the level achieved in the same quarter of the previous year.
What to watch
Revenue has declined on a year-over-year basis for each of the quarters in the trend shown.