Viatris (VTRS) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter declined compared to the immediately preceding quarter and also fell relative to the same period a year ago. The quarterly trend shows a modest sequential decrease after a stable level in the two prior quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter declined compared to the immediately preceding quarter and also fell relative to the same period a year ago. The quarterly trend shows a modest sequential decrease after a stable level in the two prior quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.7%
Change from the immediately preceding quarter.
Year-over-year
-1.1%
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 |
|---|---|---|
| Mar 31, 2023 | $3.7B | -11.0% |
| Jun 30, 2023 | $3.9B | -4.8% |
| Sep 30, 2023 | $3.9B | -3.3% |
| Dec 31, 2023 | $3.8B | -1.1% |
Revenue performance
The reported revenue was lower than the prior quarter, marking a continuation of the slight downward trend observed over the year.
Quarterly comparison
Compared to the preceding quarter, revenue decreased, and compared to the same quarter one year earlier, revenue also declined.
What to watch
The persistent year-over-year decline warrants monitoring of future revenue trends.