EQT (EQT) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined substantially from the prior quarter. Compared to the same quarter last year, revenue rose.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined substantially from the prior quarter. Compared to the same quarter last year, revenue rose.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$952.5M
Revenue reported for this quarter.
Quarter-over-quarter
-32.6%
Change from the immediately preceding quarter.
Year-over-year
+12.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
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 |
|---|---|---|
| Sep 30, 2023 | $1.2B | -67.9% |
| Dec 31, 2023 | $2B | +199.7% |
| Mar 31, 2024 | $1.4B | -22.8% |
| Jun 30, 2024 | $952.5M | +12.3% |
Revenue performance
The reported revenue is lower than in the immediately preceding quarter, reflecting a reversal of the prior increase.
Quarterly comparison
When compared to the same period one year earlier, revenue is higher. The sequential decline follows a steep drop from the level seen two quarters ago.
What to watch
The filing context does not provide management commentary that explains the drivers of the changes.