The Mosaic (MOS) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the quarter compared to both the prior quarter and the same quarter a year ago. The filing includes management's discussion and analysis of financial condition and results of operations.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined in the quarter compared to both the prior quarter and the same quarter a year ago. The filing includes management's discussion and analysis of financial condition and results of operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
-11.2%
Change from the immediately preceding quarter.
Year-over-year
-29.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.7B
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 | $3.6B | -8.1% |
| Jun 30, 2023 | $3.4B | -36.8% |
| Sep 30, 2023 | $3.5B | -33.7% |
| Dec 31, 2023 | $3.1B | -29.7% |
Revenue performance
Quarterly revenue was lower than the immediately preceding quarter and significantly lower than the same quarter one year earlier. The trailing twelve-month revenue reflects the cumulative effect of these recent declines.
Quarterly comparison
Sequentially, revenue decreased from the preceding quarter. Year-over-year, the decline was more pronounced relative to the same quarter one year ago.
What to watch
The filing highlights risks related to strategic initiatives and cybersecurity, which could influence future performance.