Hubbell (HUBB) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the quarter. The rise was seen against both the immediate prior quarter and the same period one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the quarter. The rise was seen against both the immediate prior quarter and the same period one year earlier.
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
+6.3%
Change from the immediately preceding quarter.
Year-over-year
+8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2B
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 |
|---|---|---|
| Sep 30, 2022 | $1.3B | +21.5% |
| Dec 31, 2022 | $1.2B | +10.9% |
| Mar 31, 2023 | $1.3B | +11.2% |
| Jun 30, 2023 | $1.4B | +8.8% |
Revenue performance
Revenue grew from the preceding quarter and from the same quarter last year, continuing a period of sequential improvement.
Quarterly comparison
Revenue was higher than in the immediately preceding quarter and also higher than in the same quarter one year ago.
What to watch
The filing notes increased capital spending and an acquisition, which could affect future revenue trends.