Expand Energy (EXE) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue decreased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue decreased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+28.8%
Change from the immediately preceding quarter.
Year-over-year
-52.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
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 | $3.4B | +260.4% |
| Jun 30, 2023 | $1.9B | -46.3% |
| Sep 30, 2023 | $1.5B | -52.2% |
| Dec 31, 2023 | $1.9B | -52.8% |
Revenue performance
The sequential improvement reflects a reversal from the prior quarter's decline. The year-over-year decline continues a trend of lower revenue relative to the same period in the prior year.
Quarterly comparison
Relative to the preceding quarter, revenue grew. Compared to the same quarter one year prior, revenue was lower, matching the year-ago decline seen in the prior quarter.
What to watch
Monitor whether the sequential recovery can be sustained against the ongoing year-over-year contraction.