NiSource (NI) Revenue — Quarter Ended Sep 30, 2024
Revenue decreased slightly from the prior quarter but increased compared to the same quarter last year. The sequential decline continues a pattern of lower revenue in the most recent two quarters.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue decreased slightly from the prior quarter but increased compared to the same quarter last year. The sequential decline continues a pattern of lower revenue in the most recent two quarters.
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
-0.8%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.1B
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, 2023 | $1.4B | -17.9% |
| Mar 31, 2024 | $1.6B | -13.3% |
| Jun 30, 2024 | $1.1B | -1.2% |
| Sep 30, 2024 | $1B | +4.3% |
Revenue performance
Reported revenue was lower than the immediately preceding quarter, reflecting a modest sequential decline. Year-over-year, however, revenue showed an increase.
Quarterly comparison
Compared with the prior quarter, revenue fell slightly. In contrast, revenue exceeded the same quarter a year ago by a moderate margin.
What to watch
The sequential decline in revenue, following a drop in the prior quarter, is a trend to monitor.