Everest Group (EG) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared to both the prior quarter and the same period last year. The growth reflects continued positive momentum across the company's operations.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared to both the prior quarter and the same period last year. The growth reflects continued positive momentum across the company's operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.0%
Change from the immediately preceding quarter.
Year-over-year
+13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.4B
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 | $2.8B | -7.9% |
| Sep 30, 2022 | $3.1B | +5.1% |
| Dec 31, 2022 | $3.3B | +4.3% |
| Mar 31, 2023 | $3.3B | +13.5% |
Revenue performance
Revenue rose modestly from the prior quarter, extending the upward trend seen over recent periods.
Quarterly comparison
Compared to the same quarter last year, revenue showed a substantial increase, while the sequential quarterly growth was more moderate.
What to watch
Monitor whether the sequential revenue growth rate can sustain or accelerate in future quarters.