The Hartford Insurance Group (HIG) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter decreased slightly from the preceding quarter but increased modestly compared with the same quarter one year earlier. The trailing twelve-month revenue remained substantial.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter decreased slightly from the preceding quarter but increased modestly compared with the same quarter one year earlier. The trailing twelve-month revenue remained substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$351M
Revenue reported for this quarter.
Quarter-over-quarter
-0.3%
Change from the immediately preceding quarter.
Year-over-year
+0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
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 | $6B | +1407.8% |
| Mar 31, 2023 | $338M | -93.7% |
| Jun 30, 2023 | $352M | +107.6% |
| Sep 30, 2023 | $351M | +0.9% |
Revenue performance
The reported revenue was lower than the immediately prior quarter, reflecting a small sequential decline. Year-over-year, revenue showed a mild uptick.
Quarterly comparison
Compared with the previous quarter, revenue edged down, while compared with the same quarter a year ago, it edged up. The sequential change was a slight decrease, and the annual comparison was a slight increase.
What to watch
The revenue trend over the past several quarters has shown considerable fluctuation, which may warrant attention in future reporting periods.