Geron (GERN) Revenue — Quarter Ended Mar 31, 2023
Geron reported a sharp decline in revenue for the first quarter. The company's top line contracted significantly compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Geron reported a sharp decline in revenue for the first quarter. The company's top line contracted significantly compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$21K
Revenue reported for this quarter.
Quarter-over-quarter
-79.6%
Change from the immediately preceding quarter.
Year-over-year
-82.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$494K
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, 2022 | $73K | -31.8% |
| Sep 30, 2022 | $297K | +172.5% |
| Dec 31, 2022 | $103K | -90.1% |
| Mar 31, 2023 | $21K | -82.9% |
Revenue performance
Revenue fell markedly as the quarter's total was well below the level seen in the preceding quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue dropped substantially. The year-over-year comparison also showed a steep decrease.
What to watch
Monitor whether revenue can stabilize from the current low level in upcoming quarters.