The Mosaic (MOS) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared with the same period one year earlier. Sequentially, revenue increased from the immediately preceding quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared with the same period one year earlier. Sequentially, revenue increased from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
-17.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.2B
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 | $3.5B | -33.7% |
| Dec 31, 2023 | $3.1B | -29.7% |
| Mar 31, 2024 | $2.7B | -25.7% |
| Jun 30, 2024 | $2.8B | -17.0% |
Revenue performance
Reported revenue was lower than the same quarter a year ago, indicating a year-over-year contraction. The sequential improvement from the prior quarter shows a rebound in the most recent period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue fell.
What to watch
The filing context notes seasonal liquidity patterns, particularly in the first quarter of each year.