Geron (GERN) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the quarter compared to the immediately preceding quarter. It also rose significantly compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the quarter compared to the immediately preceding quarter. It also rose significantly compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$882K
Revenue reported for this quarter.
Quarter-over-quarter
+190.1%
Change from the immediately preceding quarter.
Year-over-year
+2941.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.4M
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 |
|---|---|---|
| Sep 30, 2023 | $164K | -44.8% |
| Dec 31, 2023 | $23K | -77.7% |
| Mar 31, 2024 | $304K | +1347.6% |
| Jun 30, 2024 | $882K | +2941.4% |
Revenue performance
The revenue growth reflects a notable improvement from both the prior quarter and the year-ago period.
Quarterly comparison
Sequentially, revenue was higher than the previous quarter. Year over year, revenue was substantially above the same quarter last year.
What to watch
The company's cash and marketable securities increased during the period, partly due to an equity offering, which may support its operational plans.