Revvity (RVTY) Revenue — Quarter Ended Sep 29, 2024
Revenue for the quarter was higher than the same quarter last year but slightly lower than the immediately preceding quarter. This indicates a year-over-year recovery, though the sequential decline suggests a step back from the prior period's level.
Key takeaway
Quarter ended Sep 29, 2024 · FY2024 Q3
Revenue for the quarter was higher than the same quarter last year but slightly lower than the immediately preceding quarter. This indicates a year-over-year recovery, though the sequential decline suggests a step back from the prior period's level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$684M
Revenue reported for this quarter.
Quarter-over-quarter
-1.1%
Change from the immediately preceding quarter.
Year-over-year
+2.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7B
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 | $695.9M | -6.1% |
| Mar 31, 2024 | $649.9M | -3.7% |
| Jun 30, 2024 | $691.7M | -2.5% |
| Sep 29, 2024 | $684M | +2.0% |
Revenue performance
The reported revenue direction is positive year over year, as the current quarter's total exceeded the comparable quarter from one year ago. Compared with the immediately preceding quarter, however, revenue was lower.
Quarterly comparison
Relative to the prior quarter, revenue decreased. Relative to the same quarter a year earlier, revenue increased.
What to watch
The sequential decline in revenue after a prior quarter's improvement warrants attention to the sustainability of demand.