The Hartford Insurance Group (HIG) Revenue — Quarter Ended Dec 31, 2023
For the quarter ended December 31, 2023, revenue rose sharply compared with the preceding quarter. Revenue also increased versus the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
For the quarter ended December 31, 2023, revenue rose sharply compared with the preceding quarter. Revenue also increased versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1723.4%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.4B
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 | $338M | -93.7% |
| Jun 30, 2023 | $352M | +107.6% |
| Sep 30, 2023 | $351M | +0.9% |
| Dec 31, 2023 | $6.4B | +6.4% |
Revenue performance
Reported revenue for this quarter moved upward, marking a substantial increase from the immediately preceding quarter. Compared with the same quarter last year, revenue also showed growth.
Quarterly comparison
Sequentially, revenue climbed significantly from the third quarter of the same fiscal year. On a year-over-year basis, the reported revenue was higher than the corresponding quarter of the prior fiscal year.
What to watch
The prior three quarters each reported revenue below one billion dollars, while the current quarter reached over six billion, a shift that may warrant further context.