Globe Life (GL) Revenue — Quarter Ended Jun 30, 2023
Revenue rose this quarter, reflecting a modest increase from the prior quarter and a stronger gain compared to the same period last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue rose this quarter, reflecting a modest increase from the prior quarter and a stronger gain compared to the same period last year.
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
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.3B
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 |
|---|---|---|
| Sep 30, 2022 | $1.3B | +1.5% |
| Dec 31, 2022 | $1.3B | +3.0% |
| Mar 31, 2023 | $1.3B | +1.4% |
| Jun 30, 2023 | $1.3B | +2.7% |
Revenue performance
The company reported higher revenue for the quarter, continuing the positive trajectory seen in recent periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue edged up, while the year-over-year comparison showed a more pronounced increase.
What to watch
Consistent revenue growth over several quarters may warrant monitoring for sustainability.