Freeport-McMoRan (FCX) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter, marking growth from both the prior quarter and the same period a year ago. The company reported a rise in top-line performance.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter, marking growth from both the prior quarter and the same period a year ago. The company reported a rise in top-line performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
+21.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.8B
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 |
|---|---|---|
| Jun 30, 2023 | $5.9B | -3.9% |
| Sep 30, 2023 | $5.9B | +10.5% |
| Dec 31, 2023 | $5.8B | +6.7% |
| Mar 31, 2024 | $6.2B | +21.4% |
Revenue performance
Revenue for the quarter was higher, reflecting continued positive momentum in the business.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved, and it also increased significantly versus the same quarter one year earlier.
What to watch
Monitor whether the company can maintain this revenue growth trajectory in subsequent quarters.