Geron (GERN) Revenue — Quarter Ended Dec 31, 2023
Revenue for this reporting quarter declined sharply compared to both the immediately preceding quarter and the same quarter one year earlier. The downward trajectory underscores a challenging period for the company.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for this reporting quarter declined sharply compared to both the immediately preceding quarter and the same quarter one year earlier. The downward trajectory underscores a challenging period for the company.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$23K
Revenue reported for this quarter.
Quarter-over-quarter
-86.0%
Change from the immediately preceding quarter.
Year-over-year
-77.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$237K
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 | $21K | -82.9% |
| Jun 30, 2023 | $29K | -60.3% |
| Sep 30, 2023 | $164K | -44.8% |
| Dec 31, 2023 | $23K | -77.7% |
Revenue performance
The reported revenue registered a steep sequential and year-over-year decrease. This performance reflects a continued contraction from prior levels.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell significantly. The year-over-year comparison also showed a substantial decline.
What to watch
Monitor whether revenue can stabilize in future periods given the low absolute base.