Westinghouse Air Brake Technologies (WAB) Revenue — Quarter Ended Dec 31, 2023
In the quarter just ended, revenue declined slightly from the preceding quarter. However, it increased compared to the same quarter a year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
In the quarter just ended, revenue declined slightly from the preceding quarter. However, it increased compared to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.7B
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 |
|---|---|---|
| Mar 31, 2023 | $2.2B | +13.9% |
| Jun 30, 2023 | $2.4B | +17.5% |
| Sep 30, 2023 | $2.6B | +22.5% |
| Dec 31, 2023 | $2.5B | +9.5% |
Revenue performance
The quarter's revenue was lower than the immediately preceding quarter, reversing the sequential growth seen in earlier periods.
Quarterly comparison
Revenue was higher than the year-earlier quarter, continuing the upward annual trend.
What to watch
The filing context provided limited commentary on the specific factors behind the sequential decline, which may warrant attention in future disclosures.