Edison International (EIX) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter rose compared to the immediately preceding quarter but fell relative to the same quarter one year earlier. The trailing twelve-month revenue was higher than the prior year's trailing figure.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter rose compared to the immediately preceding quarter but fell relative to the same quarter one year earlier. The trailing twelve-month revenue was higher than the prior year's trailing figure.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
+18.6%
Change from the immediately preceding quarter.
Year-over-year
-10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.6B
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 |
|---|---|---|
| Dec 31, 2022 | $4B | +20.6% |
| Mar 31, 2023 | $4B | -0.1% |
| Jun 30, 2023 | $4B | -1.1% |
| Sep 30, 2023 | $4.7B | -10.1% |
Revenue performance
Revenue increased from the preceding quarter, reversing a pattern of flat sequential performance in the prior three quarters. However, the latest quarter's revenue was lower than the level reported for the same period a year ago.
Quarterly comparison
Compared to the prior quarter, revenue showed a significant upward move. In contrast, the year-over-year comparison reflects a decline, indicating that the current quarter's result has not yet recovered to the year-ago level.
What to watch
The sharp quarter-over-quarter gain alongside a year-over-year loss warrants monitoring for sustainability of the upward trend.