Globe Life (GL) Revenue — Quarter Ended Mar 31, 2023
Revenue declined sequentially but increased compared to the same quarter last year. The annual growth offset the quarterly contraction.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined sequentially but increased compared to the same quarter last year. The annual growth offset the quarterly contraction.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+1.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
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 |
|---|---|---|
| Jun 30, 2022 | $1.3B | +1.6% |
| Sep 30, 2022 | $1.3B | +1.5% |
| Dec 31, 2022 | $1.3B | +3.0% |
| Mar 31, 2023 | $1.3B | +1.4% |
Revenue performance
The sequential decline was modest, while the annual comparison remained positive. This mixed performance reflects a stable underlying business.
Quarterly comparison
Compared to the immediately preceding quarter, revenue contracted slightly. However, revenue surpassed the level from one year earlier.
What to watch
The sequential decline may be monitored for any continuation in future quarters.