Geron (GERN) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter rose sharply from the prior quarter, but remained below the level reported in the same period last year. The sequential increase was substantial, yet the year-over-year comparison still showed a decline.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter rose sharply from the prior quarter, but remained below the level reported in the same period last year. The sequential increase was substantial, yet the year-over-year comparison still showed a decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$164K
Revenue reported for this quarter.
Quarter-over-quarter
+465.5%
Change from the immediately preceding quarter.
Year-over-year
-44.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$317K
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 | $103K | -90.1% |
| Mar 31, 2023 | $21K | -82.9% |
| Jun 30, 2023 | $29K | -60.3% |
| Sep 30, 2023 | $164K | -44.8% |
Revenue performance
Sequential revenue growth was pronounced, while the year-ago comparison continued to be negative.
Quarterly comparison
Compared with the immediately preceding quarter, revenue expanded markedly. However, relative to the same quarter one year earlier, revenue was lower.
What to watch
The recent volatility in quarterly revenue suggests that the sustainability of the current sequential improvement merits attention.