Berkshire Hathaway Inc reports quarterly net loss of $12.8 billion
Company Reports Revenue of $89.9 billion
By USInMinutes
Published - May 06, 2024, 11:04 PM ET
Last Updated - May 27, 2024, 01:02 AM EDT
Berkshire Hathway Inc. [BRK-B] has reported a net loss of $12.8 billion for quarter ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the quarter was $89.9 billion
Based in OMAHA, Nebraska, BERKSHIRE HATHAWAY INC operates in the FINANCE sector.
In the quarterly report for the period ending March 31, 2024, Berkshire Hathaway reported a total revenue of $89.9 billion, showing a positive growth compared to the previous year's revenue of $85.4 billion. The company's leasing revenues increased to $2.2 billion from $2.0 billion in the same period last year.