Dover (DOV) Revenue — Quarter Ended Mar 31, 2023
Revenue increased during the quarter. The level was higher than both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased during the quarter. The level was higher than both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+40.9%
Change from the immediately preceding quarter.
Year-over-year
+1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.9B
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 | $2.2B | +6.3% |
| Sep 30, 2022 | $2.2B | +6.9% |
| Dec 31, 2022 | $1.5B | -25.8% |
| Mar 31, 2023 | $2.1B | +1.3% |
Revenue performance
The company reported higher revenue for the quarter compared to the prior quarter, marking a recovery from the previous period's decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew substantially. Compared to the same quarter a year ago, revenue also rose, though at a more moderate pace.
What to watch
The substantial sequential revenue rebound from the prior quarter's decline may be a key metric to monitor in upcoming periods.