Hubbell (HUBB) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared with the prior quarter, marking a continued upward trend. The improvement was also evident relative to the same period a year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared with the prior quarter, marking a continued upward trend. The improvement was also evident relative to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.4%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.1B
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 |
|---|---|---|
| Jun 30, 2022 | $1.3B | +19.1% |
| Sep 30, 2022 | $1.3B | +21.5% |
| Dec 31, 2022 | $1.2B | +10.9% |
| Mar 31, 2023 | $1.3B | +11.2% |
Revenue performance
The reported revenue for the quarter was higher than the previous quarter, reflecting positive sequential momentum.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Against the same quarter one year prior, revenue also showed a gain.
What to watch
Filing context did not provide specific explanations for revenue changes; no additional drivers were disclosed.