Viatris (VTRS) Revenue — Quarter Ended Jun 30, 2024
Viatris reported an increase in revenue for the current quarter compared to the immediately preceding quarter. However, revenue decreased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Viatris reported an increase in revenue for the current quarter compared to the immediately preceding quarter. However, revenue decreased 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
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
-3.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.2B
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 | $3.9B | -3.3% |
| Dec 31, 2023 | $3.8B | -1.1% |
| Mar 31, 2024 | $3.7B | -1.8% |
| Jun 30, 2024 | $3.8B | -3.2% |
Revenue performance
The reported revenue direction for this quarter is upward sequentially, reflecting a quarter-over-quarter improvement.
Quarterly comparison
Compared to the prior quarter, revenue rose, but compared to the same quarter a year ago, revenue declined. The trailing twelve-month revenue figure also underscores the year-over-year contraction.
What to watch
Investors should monitor whether the sequential revenue improvement can be sustained amid the year-over-year decline.