KeyCorp (KEY) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared to the immediately preceding quarter, while it rose compared to the same period one year earlier. The decrease from the prior quarter reversed a sequential increase seen in the previous quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared to the immediately preceding quarter, while it rose compared to the same period one year earlier. The decrease from the prior quarter reversed a sequential increase seen in the previous quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$379M
Revenue reported for this quarter.
Quarter-over-quarter
-5.0%
Change from the immediately preceding quarter.
Year-over-year
+8.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
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 | $347M | -8.0% |
| Dec 31, 2023 | $361M | -21.0% |
| Mar 31, 2024 | $399M | +6.4% |
| Jun 30, 2024 | $379M | +8.9% |
Revenue performance
The reported revenue for the quarter was lower than the prior quarter, marking a reversal from the prior quarter's growth.
Quarterly comparison
Compared to the quarter ended three months earlier, revenue decreased. However, relative to the same quarter one year ago, revenue increased.
What to watch
The sequential decline in revenue after a prior increase may warrant attention in future quarters.