EQT (EQT) Revenue — Quarter Ended Dec 31, 2023
The current quarter's revenue increased compared with both the immediately preceding quarter and the same quarter one year earlier. The company reported higher revenue for the period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
The current quarter's revenue increased compared with both the immediately preceding quarter and the same quarter one year earlier. The company reported higher revenue for the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+72.2%
Change from the immediately preceding quarter.
Year-over-year
+199.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.9B
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 | $1.8B | -26.4% |
| Jun 30, 2023 | $848.3M | -74.8% |
| Sep 30, 2023 | $1.2B | -67.9% |
| Dec 31, 2023 | $2B | +199.7% |
Revenue performance
Revenue for the quarter was higher than the prior quarter, reversing the downward trend seen in some earlier periods of the year.
Quarterly comparison
Revenue rose from the preceding quarter and was significantly above the level of the same quarter one year ago.
What to watch
The current quarter's revenue increase contrasts with the mixed results of the prior three quarters, warranting close observation of future revenue trends.