UDR (UDR) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the same period one year earlier. It also grew relative to the immediately preceding quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the same period one year earlier. It also grew relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4M
Revenue reported for this quarter.
Quarter-over-quarter
+34.3%
Change from the immediately preceding quarter.
Year-over-year
+91.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.8M
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 | $1.2M | +14.5% |
| Jun 30, 2023 | $1.5M | +2.2% |
| Sep 30, 2023 | $1.8M | +39.1% |
| Dec 31, 2023 | $2.4M | +91.2% |
Revenue performance
The reported revenue reflects a higher level than the prior quarter, continuing an upward trend over the trailing period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Versus the same quarter one year earlier, revenue was also higher.
What to watch
Revenue has increased in each of the last four quarters, showing sustained growth.