Geron (GERN) Revenue — Quarter Ended Mar 31, 2024
Revenue surged in the first quarter of fiscal 2024 compared to both the prior quarter and the same quarter a year ago. The company's trailing revenue also showed a notable increase.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue surged in the first quarter of fiscal 2024 compared to both the prior quarter and the same quarter a year ago. The company's trailing revenue also showed a notable increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$304K
Revenue reported for this quarter.
Quarter-over-quarter
+1221.7%
Change from the immediately preceding quarter.
Year-over-year
+1347.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$520K
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 | $29K | -60.3% |
| Sep 30, 2023 | $164K | -44.8% |
| Dec 31, 2023 | $23K | -77.7% |
| Mar 31, 2024 | $304K | +1347.6% |
Revenue performance
The reported revenue rose sharply from the immediately preceding quarter, continuing a volatile trend. The year-over-year comparison also reflected a substantial gain.
Quarterly comparison
Compared to the prior quarter, revenue more than tenfold, and it more than tenfold relative to the same period one year earlier. These comparisons highlight a major rebound after previous declines.
What to watch
Monitor whether the company can sustain this elevated revenue level or if it will revert to prior lower levels in subsequent quarters.