Everest Group (EG) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter decreased from the prior quarter. Compared to the same quarter last year, revenue increased.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter decreased from the prior quarter. Compared to the same quarter last year, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-8.3%
Change from the immediately preceding quarter.
Year-over-year
+12.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.6B
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 |
|---|---|---|
| Mar 31, 2023 | $3.3B | +13.5% |
| Jun 30, 2023 | $3.7B | +28.7% |
| Sep 30, 2023 | $4B | +29.9% |
| Dec 31, 2023 | $3.7B | +12.4% |
Revenue performance
The reported revenue declined from the immediately preceding quarter. This followed three consecutive quarters of year-over-year growth through the reporting period.
Quarterly comparison
Revenue was lower than the preceding quarter, but higher than the same quarter one year earlier. The filing context does not provide specific reasons for these changes.
What to watch
A sequential decline may warrant monitoring for any sustained trend, as the prior three quarters each rose from the year-ago period.