The Hartford Insurance Group (HIG) Revenue — Quarter Ended Mar 31, 2024
Revenue increased from the same quarter last year. However, compared to the immediately preceding quarter, revenue experienced a substantial decline.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased from the same quarter last year. However, compared to the immediately preceding quarter, revenue experienced a substantial decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$352M
Revenue reported for this quarter.
Quarter-over-quarter
-94.5%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
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 |
|---|---|---|
| Jun 30, 2023 | $352M | +107.6% |
| Sep 30, 2023 | $351M | +0.9% |
| Dec 31, 2023 | $6.4B | +6.4% |
| Mar 31, 2024 | $352M | +4.1% |
Revenue performance
The reported revenue showed an improvement over the prior year's same period.
Quarterly comparison
Relative to the previous quarter, revenue fell sharply, while compared to the same quarter one year earlier, revenue was higher.
What to watch
The significant sequential volatility in revenue warrants attention.