GE HealthCare Technologies (GEHC) Revenue — Quarter Ended Jun 30, 2023
Revenue rose during the quarter, supported by growth relative to the prior period and the same quarter a year earlier. The company continues to show positive revenue momentum.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue rose during the quarter, supported by growth relative to the prior period and the same quarter a year earlier. The company continues to show positive revenue momentum.
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
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$19B
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 | $4.6B | n/a |
| Dec 31, 2022 | $4.9B | n/a |
| Mar 31, 2023 | $4.7B | +8.4% |
| Jun 30, 2023 | $4.8B | +7.4% |
Revenue performance
The reported revenue reflects a strengthening performance, building on the sequential improvement seen in recent quarters.
Quarterly comparison
Revenue increased sequentially compared with the immediately preceding quarter. On a year-over-year basis, revenue was also higher, indicating solid underlying demand.
What to watch
Monitor whether the company can sustain this growth trajectory as macroeconomic uncertainties persist.