Veralto (VLTO) Revenue — Quarter Ended Mar 29, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 29, 2024 · FY2024 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
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 | $1.3B | n/a |
| Sep 29, 2023 | $1.3B | +3.0% |
| Dec 31, 2023 | $1.3B | +3.2% |
| Mar 29, 2024 | $1.2B | +1.7% |
Revenue performance
The reported revenue direction was downward from the prior quarter, reflecting a sequential decline.
Quarterly comparison
When compared with the preceding quarter, revenue was lower. In contrast, compared with the same quarter a year ago, revenue was higher.
What to watch
The sequential decline in revenue may warrant monitoring in the coming quarters.