Datavault AI (DVLT) Revenue — Quarter Ended Sep 30, 2024
Revenue for the current quarter increased compared to the prior quarter. It also rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the current quarter increased compared to the prior quarter. It also rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2M
Revenue reported for this quarter.
Quarter-over-quarter
+239.7%
Change from the immediately preceding quarter.
Year-over-year
+52.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2M
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 |
|---|---|---|
| Dec 31, 2023 | $420K | -54.1% |
| Mar 31, 2024 | $255K | -45.6% |
| Jun 30, 2024 | $345K | -18.8% |
| Sep 30, 2024 | $1.2M | +52.4% |
Revenue performance
The revenue growth in the current quarter marks a significant reversal from the declining trend observed in earlier periods. The increase was robust relative to both the immediate prior quarter and the year-ago period.
Quarterly comparison
Revenue was higher than both the immediately preceding quarter and the same quarter one year earlier. The sequential comparison shows a strong upturn, while the year-over-year comparison also reflects a notable improvement.
What to watch
The company continues to report net losses and uses cash in operations, which may warrant monitoring of liquidity and capital resources.