STERIS (STE) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased. The growth was reflected in both sequential and year-over-year comparisons.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 FY
Revenue for the quarter increased. The growth was reflected in both sequential and year-over-year comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+9.4%
Change from the immediately preceding quarter.
Year-over-year
+10.8%
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 |
|---|---|---|
| Jun 30, 2023 | $1.2B | +12.5% |
| Sep 30, 2023 | $1.2B | -5.1% |
| Dec 31, 2023 | $1.3B | +6.7% |
| Mar 31, 2024 | $1.4B | +10.8% |
Revenue performance
The reported revenue direction was upward. The quarter's top line exceeded that of the prior period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue also increased.
What to watch
The year-over-year growth rate was higher than that of the prior quarter, indicating a possible acceleration.