Globe Life (GL) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter rose sequentially and showed strong growth compared to the same period last year. The company's trailing twelve-month revenue reflected continued expansion.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue for the quarter rose sequentially and showed strong growth compared to the same period last year. The company's trailing twelve-month revenue reflected continued expansion.
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
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
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 |
|---|---|---|
| Mar 31, 2023 | $1.3B | +1.4% |
| Jun 30, 2023 | $1.3B | +2.7% |
| Sep 30, 2023 | $1.4B | +6.7% |
| Dec 31, 2023 | $1.4B | +6.0% |
Revenue performance
The reported revenue increased from the immediately preceding quarter and also exceeded the level of the same quarter one year earlier. This performance underscores the company's consistent upward trajectory.
Quarterly comparison
Compared to the prior quarter, revenue improved, and on an annual basis, the growth rate was even more pronounced. The current quarter's revenue was higher than both the previous quarter and the year-ago quarter.
What to watch
Monitor whether the pace of year-over-year revenue growth can be sustained in the coming quarters.