Allegion (ALLE) Revenue — Quarter Ended Sep 30, 2023
Revenue remained nearly flat compared to the prior quarter and the same quarter last year, with a slight increase in both periods. The company's top-line performance shows stability.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue remained nearly flat compared to the prior quarter and the same quarter last year, with a slight increase in both periods. The company's top-line performance shows stability.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$917.9M
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.6B
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, 2022 | $861.5M | +21.5% |
| Mar 31, 2023 | $923M | +27.6% |
| Jun 30, 2023 | $912.5M | +18.0% |
| Sep 30, 2023 | $917.9M | +0.5% |
Revenue performance
Revenue increased slightly from the previous quarter and from a year ago, indicating stable demand.
Quarterly comparison
Compared to the immediately preceding quarter, revenue edged higher. Versus the same quarter one year earlier, revenue also saw a modest uptick.
What to watch
Monitor whether revenue growth can accelerate in coming quarters.