NiSource (NI) Revenue — Quarter Ended Sep 30, 2023
Revenue contracted in the current quarter. The decrease was evident relative to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue contracted in the current quarter. The decrease was evident relative to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1B
Revenue reported for this quarter.
Quarter-over-quarter
-6.1%
Change from the immediately preceding quarter.
Year-over-year
-5.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
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 |
|---|---|---|
| Dec 31, 2022 | $1.7B | +24.4% |
| Mar 31, 2023 | $1.9B | +3.0% |
| Jun 30, 2023 | $1.1B | -7.7% |
| Sep 30, 2023 | $1B | -5.3% |
Revenue performance
Quarterly revenue came in below the prior quarter's level. It also trailed the amount generated in the same quarter a year ago.
Quarterly comparison
Compared with the immediately preceding quarter, revenue posted a decline. On a year-over-year basis, revenue was also lower.
What to watch
Watch for any continuation of the revenue contraction in the coming quarters.