Exelon (EXC) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter declined compared to the prior quarter but rose versus the same quarter a year ago. The sequential drop followed a period of strong growth, while the year-over-year gain reflected sustained demand.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter declined compared to the prior quarter but rose versus the same quarter a year ago. The sequential drop followed a period of strong growth, while the year-over-year gain reflected sustained demand.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
-13.4%
Change from the immediately preceding quarter.
Year-over-year
+13.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.9B
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 |
|---|---|---|
| Sep 30, 2022 | $4.8B | -0.4% |
| Dec 31, 2022 | $4.7B | +5.5% |
| Mar 31, 2023 | $5.6B | +4.4% |
| Jun 30, 2023 | $4.8B | +13.7% |
Revenue performance
Revenue moved lower from the immediately preceding quarter, breaking a pattern of sequential increases seen earlier in the fiscal year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, reversing the direction seen in the sequential comparison.
What to watch
The sequential decline in revenue after two quarters of growth may warrant monitoring for shifts in underlying business trends.