Sempra (SRE) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the immediately preceding period but declined from the same period a year earlier. The sequential improvement reflects a recovery from the prior quarter's level, while the year-over-year drop indicates lower revenue than the prior year's comparable quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the immediately preceding period but declined from the same period a year earlier. The sequential improvement reflects a recovery from the prior quarter's level, while the year-over-year drop indicates lower revenue than the prior year's comparable quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+9.6%
Change from the immediately preceding quarter.
Year-over-year
-18.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.8B
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 |
|---|---|---|
| Mar 31, 2023 | $5.9B | +59.6% |
| Jun 30, 2023 | $2.9B | -4.6% |
| Sep 30, 2023 | $2.9B | -6.8% |
| Dec 31, 2023 | $3.2B | -18.5% |
Revenue performance
The reported revenue shows a sequential increase, reversing the sequential decline seen in the previous quarter. However, compared to the same quarter a year ago, revenue was lower.
Quarterly comparison
Compared to the preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue fell.
What to watch
Monitor whether the sequential revenue growth can be sustained in future quarters.