Atmos Energy (ATO) Revenue — Quarter Ended Mar 31, 2023
Atmos Energy reported higher revenue for the quarter ended March 31, 2023. The result reflects an increase from the immediately preceding quarter but a decline compared with the same period one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q2
Atmos Energy reported higher revenue for the quarter ended March 31, 2023. The result reflects an increase from the immediately preceding quarter but a decline compared with the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
+3.8%
Change from the immediately preceding quarter.
Year-over-year
-6.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.6B
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 | $816.4M | +34.8% |
| Sep 30, 2022 | $722.6M | +27.1% |
| Dec 31, 2022 | $1.5B | +46.5% |
| Mar 31, 2023 | $1.5B | -6.6% |
Revenue performance
Revenue in the current quarter moved upward sequentially. On a trailing twelve-month basis, revenue stood at $4.6B.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved; however, versus the same quarter one year ago, revenue decreased. The filing context discusses regulatory proceedings and tax matters but does not assign a specific cause to the year-over-year decline.
What to watch
Monitor whether the year-over-year revenue contraction persists in future filings.