FIRSTENERGY (FE) Revenue — Quarter Ended Sep 30, 2023
Revenue increased from the immediately preceding quarter and was slightly above the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased from the immediately preceding quarter and was slightly above the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.5B
Revenue reported for this quarter.
Quarter-over-quarter
+16.0%
Change from the immediately preceding quarter.
Year-over-year
+0.3%
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 |
|---|---|---|
| Dec 31, 2022 | $3.2B | +19.4% |
| Mar 31, 2023 | $3.2B | +8.1% |
| Jun 30, 2023 | $3B | +6.7% |
| Sep 30, 2023 | $3.5B | +0.3% |
Revenue performance
The reported revenue reflects a notable sequential improvement.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose markedly. In contrast, when compared to the same quarter one year earlier, the increase was modest.
What to watch
The sequential acceleration in revenue growth compared to prior quarters may be worth monitoring.