L3Harris Technologies (LHX) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago, continuing a positive trend. The company's top-line performance reflects sustained demand.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago, continuing a positive trend. The company's top-line performance reflects sustained demand.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
+5.0%
Change from the immediately preceding quarter.
Year-over-year
+13.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$18B
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 | $4.2B | +0.4% |
| Dec 30, 2022 | $4.6B | +5.2% |
| Mar 31, 2023 | $4.5B | +9.0% |
| Jun 30, 2023 | $4.7B | +13.5% |
Revenue performance
The reported revenue increased from the previous quarter and showed a notable rise versus the same quarter in the prior year.
Quarterly comparison
The sequential increase indicates continued momentum, while the year-over-year gain was more substantial, underscoring a stronger performance relative to the prior year.
What to watch
The consistent growth pattern across recent quarters may warrant attention for its sustainability.