Expand Energy (EXE) Revenue — Quarter Ended Sep 30, 2023
Revenue decreased in the reporting quarter. The decline was seen both sequentially and compared to the same period last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue decreased in the reporting quarter. The decline was seen both sequentially and compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
-20.0%
Change from the immediately preceding quarter.
Year-over-year
-52.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.9B
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 |
|---|---|---|
| Dec 31, 2022 | $4.1B | +33.7% |
| Mar 31, 2023 | $3.4B | +260.4% |
| Jun 30, 2023 | $1.9B | -46.3% |
| Sep 30, 2023 | $1.5B | -52.2% |
Revenue performance
Revenue for the quarter was lower than the immediately preceding quarter, continuing a downward trend.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also declined. The trailing twelve-month revenue reflects the cumulative effect of recent quarterly drops.
What to watch
The magnitude of the year-over-year revenue decline is notable.