Ameriprise Financial (AMP) Revenue — Quarter Ended Mar 31, 2023
Revenue for the reported quarter grew compared with both the immediately preceding quarter and the same quarter one year earlier. The filing indicates the company maintained substantial liquidity during the period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the reported quarter grew compared with both the immediately preceding quarter and the same quarter one year earlier. The filing indicates the company maintained substantial liquidity during the period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+3.4%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.6B
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 |
|---|---|---|
| Jun 30, 2022 | $3.5B | +2.7% |
| Sep 30, 2022 | $3.5B | +20.6% |
| Dec 31, 2022 | $3.7B | -0.7% |
| Mar 31, 2023 | $3.8B | +6.0% |
Revenue performance
The reported revenue increased relative to the prior quarter, continuing an upward trend seen over recent quarters. On a year-over-year basis, revenue also rose compared with the same period last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Compared with the same quarter one year ago, revenue was higher as well.
What to watch
The filing highlights that the company sustained substantial liquidity throughout the quarter, which may be a point of interest for ongoing assessment.