KeyCorp (KEY) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the quarter. The decrease was observed both sequentially and compared to the same period last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the quarter. The decrease was observed both sequentially and compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$348M
Revenue reported for this quarter.
Quarter-over-quarter
-7.2%
Change from the immediately preceding quarter.
Year-over-year
-13.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.6B
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 | $377M | -23.1% |
| Dec 31, 2022 | $457M | -92.4% |
| Mar 31, 2023 | $375M | -7.2% |
| Jun 30, 2023 | $348M | -13.2% |
Revenue performance
Reported revenue was lower than the immediately preceding quarter.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also decreased.
What to watch
The persistent revenue decline warrants monitoring in upcoming quarters.