Edison International (EIX) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter ended June 30, 2024 rose compared with the previous quarter and improved relative to the same period a year earlier. This marks a continuation of the upward trend after a decline in the preceding year-end quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter ended June 30, 2024 rose compared with the previous quarter and improved relative to the same period a year earlier. This marks a continuation of the upward trend after a decline in the preceding year-end quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+9.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.8B
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 | $4.7B | -10.1% |
| Dec 31, 2023 | $3.7B | -7.7% |
| Mar 31, 2024 | $4.1B | +2.8% |
| Jun 30, 2024 | $4.3B | +9.4% |
Revenue performance
Reported revenue increased versus both the immediately preceding quarter and the same quarter one year ago. The positive year-over-year movement was larger than the sequential gain.
Quarterly comparison
Compared with the prior quarter, revenue was higher. Compared with the same quarter last year, revenue was also higher, and the year-over-year improvement was larger than the sequential change.
What to watch
Revenue had declined in the two quarters before the current quarter; investors can track whether this recent growth can be sustained.