EMCOR Group (EME) Revenue — Quarter Ended Jun 30, 2023
Revenue increased for the quarter. The growth was supported by continued demand for the company's services.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased for the quarter. The growth was supported by continued demand for the company's services.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.4%
Change from the immediately preceding quarter.
Year-over-year
+12.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.7B
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 | $2.8B | +12.1% |
| Dec 31, 2022 | $2.9B | +11.7% |
| Mar 31, 2023 | $2.9B | +11.5% |
| Jun 30, 2023 | $3B | +12.5% |
Revenue performance
The reported revenue rose compared to the prior quarter, extending the upward trajectory seen in recent periods.
Quarterly comparison
Revenue also grew compared to the same quarter one year earlier, marking a higher year-over-year increase than the sequential gain.
What to watch
The company noted ongoing supply chain pressures, including extended material and equipment lead times, as a factor to monitor.