IDEX (IEX) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to both the prior period and the same period a year ago. The company posted higher sales, reflecting an upward trajectory in the reported quarter.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to both the prior period and the same period a year ago. The company posted higher sales, reflecting an upward trajectory in the reported quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$845.4M
Revenue reported for this quarter.
Quarter-over-quarter
+4.3%
Change from the immediately preceding quarter.
Year-over-year
+12.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.3B
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 | $796.1M | +16.0% |
| Sep 30, 2022 | $824M | +15.7% |
| Dec 31, 2022 | $810.7M | +13.4% |
| Mar 31, 2023 | $845.4M | +12.6% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, continuing the positive direction seen in recent periods.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased. The sequential and year-over-year comparisons both show higher revenue in the current quarter.
What to watch
Revenue growth has decelerated from prior quarters when measured against the same period a year ago, warranting attention to future trends.