Viatris (VTRS) Revenue — Quarter Ended Sep 30, 2023
Revenue in the current quarter was essentially flat compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential stability contrasts with a year-over-year contraction, indicating a mixed near-term performance.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue in the current quarter was essentially flat compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential stability contrasts with a year-over-year contraction, indicating a mixed near-term performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
-3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
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 |
|---|---|---|
| Dec 31, 2022 | $3.9B | -10.7% |
| Mar 31, 2023 | $3.7B | -11.0% |
| Jun 30, 2023 | $3.9B | -4.8% |
| Sep 30, 2023 | $3.9B | -3.3% |
Revenue performance
Reported revenue was flat sequentially, reflecting no material change from the prior quarter. On an annual basis, revenue declined compared to the same quarter last year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a small increase. Relative to the same quarter one year earlier, revenue was lower.
What to watch
Monitoring whether the year-over-year decline trend continues or reverses in future quarters.