FIRSTENERGY (FE) Revenue — Quarter Ended Sep 30, 2024
Revenue increased compared to the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a positive trend in the period.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased compared to the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a positive trend in the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+13.7%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.4B
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, 2023 | $3.1B | -1.0% |
| Mar 31, 2024 | $3.3B | +1.7% |
| Jun 30, 2024 | $3.3B | +9.1% |
| Sep 30, 2024 | $3.7B | +6.9% |
Revenue performance
Sequential revenue improvement was notable, supported by a stronger year-over-year comparison. The performance indicates continued momentum in the business.
Quarterly comparison
The current quarter revenue rose from both the prior quarter and the same quarter last year. This marks acceleration compared to the year-ago period.
What to watch
Future results should be assessed for sustained revenue growth trends.