Newmont (NEM) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed over recent periods.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend observed over recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.4B
Revenue reported for this quarter.
Quarter-over-quarter
+9.4%
Change from the immediately preceding quarter.
Year-over-year
+64.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.9B
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 | $2.5B | -5.4% |
| Dec 31, 2023 | $4B | +23.7% |
| Mar 31, 2024 | $4B | +50.2% |
| Jun 30, 2024 | $4.4B | +64.1% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a sequential improvement. Compared to the same quarter one year earlier, revenue was also higher.
Quarterly comparison
Revenue in the current quarter exceeded the level of the prior quarter and was substantially above the same quarter a year ago. The year-over-year increase was larger than the sequential change.
What to watch
The filing context does not provide specific factors for the revenue change; monitor future filings for operational drivers.