UDR (UDR) Revenue — Quarter Ended Dec 31, 2024
In the reported quarter, revenue increased compared to the prior quarter. However, revenue declined relative to the same quarter one year ago.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
In the reported quarter, revenue increased compared to the prior quarter. However, revenue declined relative to the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3M
Revenue reported for this quarter.
Quarter-over-quarter
+10.4%
Change from the immediately preceding quarter.
Year-over-year
-3.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.3M
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, 2024 | $2M | +58.2% |
| Jun 30, 2024 | $2M | +37.4% |
| Sep 30, 2024 | $2.1M | +16.9% |
| Dec 31, 2024 | $2.3M | -3.8% |
Revenue performance
Revenue for the quarter grew from the immediately preceding period.
Quarterly comparison
Compared to the same quarter a year earlier, revenue was lower, marking a year-over-year decrease.
What to watch
The year-over-year decline contrasts with the sequential improvement seen in the quarter.