Datavault AI (DVLT) Revenue — Quarter Ended Jun 30, 2024
Revenue increased relative to the immediately preceding quarter, reversing a pattern of sequential declines. Compared with the same quarter one year earlier, revenue was lower.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased relative to the immediately preceding quarter, reversing a pattern of sequential declines. Compared with the same quarter one year earlier, revenue was lower.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$345K
Revenue reported for this quarter.
Quarter-over-quarter
+35.3%
Change from the immediately preceding quarter.
Year-over-year
-18.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.8M
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, 2023 | $769K | -17.9% |
| Dec 31, 2023 | $420K | -54.1% |
| Mar 31, 2024 | $255K | -45.6% |
| Jun 30, 2024 | $345K | -18.8% |
Revenue performance
The quarter-over-quarter growth marks a significant departure from the prior quarter's decrease. The year-over-year comparison remains negative.
Quarterly comparison
The preceding quarter showed a decline, while the current quarter improved. The company's filing includes a management discussion and analysis of financial condition and results of operations.
What to watch
The reversal of the sequential decline may be a key point to monitor in upcoming quarters.