News (NWSA) Revenue — Quarter Ended Jun 30, 2024
Revenue rose in the quarter, reflecting sequential growth. Compared with the same quarter a year earlier, revenue increased sharply.
Key takeaway
Quarter ended Jun 30, 2024 · FY2025 FY
Revenue rose in the quarter, reflecting sequential growth. Compared with the same quarter a year earlier, revenue increased sharply.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
+269.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.3B
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 | $2B | -18.0% |
| Dec 31, 2023 | $2.1B | -15.3% |
| Mar 31, 2024 | $2B | -18.5% |
| Jun 30, 2024 | $2.1B | +269.6% |
Revenue performance
The company reported higher revenue in the current quarter, continuing a trend of sequential improvement from the prior quarter.
Quarterly comparison
When measured against the immediately preceding quarter, revenue improved. In comparison with the same quarter one year earlier, the increase was substantial.
What to watch
Monitor whether the revenue growth can be sustained in coming quarters.