Viatris (VTRS) Revenue — Quarter Ended Sep 30, 2024
Revenue declined in the quarter, continuing a trend of year-over-year decreases. The company faced headwinds, leading to lower top-line performance.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue declined in the quarter, continuing a trend of year-over-year decreases. The company faced headwinds, leading to lower top-line performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-1.3%
Change from the immediately preceding quarter.
Year-over-year
-5.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
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, 2023 | $3.8B | -1.1% |
| Mar 31, 2024 | $3.7B | -1.8% |
| Jun 30, 2024 | $3.8B | -3.2% |
| Sep 30, 2024 | $3.7B | -5.0% |
Revenue performance
Compared to the immediately preceding quarter, revenue was lower, and it also decreased relative to the same quarter one year earlier.
Quarterly comparison
The sequential decline was modest, while the year-over-year contraction was more pronounced, reflecting ongoing challenges.
What to watch
Monitor whether revenue trends stabilize or continue to weaken in the coming quarters.