Ventas (VTR) Revenue — Quarter Ended Jun 30, 2024
Revenue increased slightly from the prior quarter and posted a solid gain compared with the same quarter last year. The company's management discussion focuses on liquidity and capital resources, with no specific commentary on revenue drivers.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased slightly from the prior quarter and posted a solid gain compared with the same quarter last year. The company's management discussion focuses on liquidity and capital resources, with no specific commentary on revenue drivers.
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
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.7B
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 |
|---|---|---|
| Sep 30, 2023 | $1.1B | +10.9% |
| Dec 31, 2023 | $1.2B | +10.7% |
| Mar 31, 2024 | $1.2B | +11.4% |
| Jun 30, 2024 | $1.2B | +8.6% |
Revenue performance
The reported revenue rose from the immediately preceding quarter and climbed notably from the year-ago period. The sequential change was marginal, while the annual comparison reflected stronger growth.
Quarterly comparison
Compared with the prior quarter, revenue edged up. Versus the same quarter one year earlier, revenue increased at a faster pace.
What to watch
The minimal sequential revenue growth warrants attention for any change in the near-term trend.