Globe Life (GL) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared with the prior quarter and also rose relative to the same quarter last year. Overall revenue growth remained positive for the trailing twelve months.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared with the prior quarter and also rose relative to the same quarter last year. Overall revenue growth remained positive for the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.4B
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 | $1.3B | +3.0% |
| Mar 31, 2023 | $1.3B | +1.4% |
| Jun 30, 2023 | $1.3B | +2.7% |
| Sep 30, 2023 | $1.4B | +6.7% |
Revenue performance
Revenue for the period moved higher, extending the upward trajectory seen in recent quarters. The sequential improvement and year-over-year gain both contributed to the ongoing expansion.
Quarterly comparison
Compared with the immediately preceding quarter, revenue advanced. On a year-over-year basis, revenue also posted a solid increase relative to the same period one year earlier.
What to watch
The rate of sequential revenue increase, while positive, may warrant observation for any shift in trend.