GE HealthCare Technologies (GEHC) Revenue — Quarter Ended Sep 30, 2023
The company reported revenue that was slightly higher than the prior quarter and significantly higher than the same quarter last year. The quarterly performance showed a modest sequential improvement while maintaining a strong year-over-year growth trajectory.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
The company reported revenue that was slightly higher than the prior quarter and significantly higher than the same quarter last year. The quarterly performance showed a modest sequential improvement while maintaining a strong year-over-year growth trajectory.
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
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.3B
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 | $4.9B | n/a |
| Mar 31, 2023 | $4.7B | +8.4% |
| Jun 30, 2023 | $4.8B | +7.4% |
| Sep 30, 2023 | $4.8B | +5.4% |
Revenue performance
Revenue for the quarter came in essentially unchanged from the preceding quarter, reflecting a stable sequential trend. On an annual basis, revenue showed a solid increase compared to the same period a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was nearly flat. Relative to the same quarter one year earlier, revenue was markedly higher.
What to watch
The stability in sequential revenue suggests consistent demand, but the pace of year-over-year growth may warrant monitoring in coming quarters.