FIRSTENERGY (FE) Revenue — Quarter Ended Jun 30, 2023
Revenue for this quarter declined from the prior quarter but rose from the same period last year. The sequential decrease contrasts with the annual increase.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for this quarter declined from the prior quarter but rose from the same period last year. The sequential decrease contrasts with the annual increase.
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
-7.0%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.9B
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 | $3.5B | +11.2% |
| Dec 31, 2022 | $3.2B | +19.4% |
| Mar 31, 2023 | $3.2B | +8.1% |
| Jun 30, 2023 | $3B | +6.7% |
Revenue performance
The reported revenue decreased sequentially, breaking a pattern of growth in previous quarters. Year-over-year, revenue remained higher.
Quarterly comparison
Compared to the previous quarter, revenue was lower. Compared to the same quarter a year ago, revenue was higher.
What to watch
The sequential revenue decline may be a point to monitor in future quarters.