Howmet Aerospace (HWM) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was modest, while the year-over-year gain was substantial.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was modest, while the year-over-year gain was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+15.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.4B
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 |
|---|---|---|
| Dec 31, 2022 | $1.5B | +17.7% |
| Mar 31, 2023 | $1.6B | +21.1% |
| Jun 30, 2023 | $1.6B | +18.3% |
| Sep 30, 2023 | $1.7B | +15.7% |
Revenue performance
Revenue rose from the prior quarter, continuing an upward trajectory observed throughout the fiscal year. The year-over-year comparison showed a notably larger increase.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved slightly. Relative to the same quarter one year earlier, the gain was much stronger, indicating a sustained year-over-year improvement.
What to watch
The filing context provides no explanation for the sales performance during this quarter.