Howmet Aerospace (HWM) Revenue — Quarter Ended Jun 30, 2023
Revenue for the reporting quarter increased compared with the immediately preceding quarter and the same quarter one year earlier. The company reported higher sales in both comparisons.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the reporting quarter increased compared with the immediately preceding quarter and the same quarter one year earlier. The company reported higher sales in both comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
+18.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.2B
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 | $1.4B | +11.7% |
| Dec 31, 2022 | $1.5B | +17.7% |
| Mar 31, 2023 | $1.6B | +21.1% |
| Jun 30, 2023 | $1.6B | +18.3% |
Revenue performance
Revenue rose from the prior quarter, reflecting continued growth. The year-over-year comparison also showed an increase.
Quarterly comparison
Compared with the preceding quarter, revenue was higher. Relative to the same period a year ago, revenue also increased.
What to watch
Operating cash flow increased compared to the prior year period, as noted in the filing.