Allegion (ALLE) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined compared to the prior quarter. Compared to the same quarter a year earlier, revenue increased.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter declined compared to the prior quarter. Compared to the same quarter a year earlier, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$897.4M
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
+4.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.7B
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 | $923M | +27.6% |
| Jun 30, 2023 | $912.5M | +18.0% |
| Sep 30, 2023 | $917.9M | +0.5% |
| Dec 31, 2023 | $897.4M | +4.2% |
Revenue performance
Reported revenue decreased from the preceding quarter. The year-over-year comparison showed an increase from the same period one year earlier.
Quarterly comparison
The current quarter's revenue was lower than the immediately preceding quarter. Revenue was higher when compared to the same quarter one year earlier.
What to watch
Although revenue rose year-over-year, the sequential decline may warrant attention.