Healthpeak Properties (DOC) Revenue — Quarter Ended Jun 30, 2023
Revenue growth continued in the second quarter, building on the prior period's gain and exceeding the level achieved a year earlier. The increase reflects the company's ongoing operational momentum.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue growth continued in the second quarter, building on the prior period's gain and exceeding the level achieved a year earlier. The increase reflects the company's ongoing operational momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$130.2M
Revenue reported for this quarter.
Quarter-over-quarter
+2.4%
Change from the immediately preceding quarter.
Year-over-year
+3.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$903.9M
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 |
|---|---|---|
| Sep 30, 2022 | $122.1M | +2.6% |
| Dec 31, 2022 | $524.5M | +8.5% |
| Mar 31, 2023 | $127.1M | +4.5% |
| Jun 30, 2023 | $130.2M | +3.8% |
Revenue performance
Revenue for the quarter was higher than the immediately preceding quarter, extending the positive trajectory.
Quarterly comparison
Compared with the same quarter one year ago, revenue was also higher, indicating year-over-year expansion. The sequential and year-ago comparisons both point to sustained top-line growth.
What to watch
No specific risk or uncertainty was cited in the filing context that could materially alter the revenue trajectory.