Lennox International (LII) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the second quarter. The company posted growth compared to both the prior quarter and the same period a year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the second quarter. The company posted growth compared to both the prior quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+34.5%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
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 | $1.2B | +17.5% |
| Dec 31, 2022 | $1.1B | +7.9% |
| Mar 31, 2023 | $1B | +3.6% |
| Jun 30, 2023 | $1.4B | +3.3% |
Revenue performance
The reported revenue reflects a sequential increase from the first quarter and a year-over-year advance from the second quarter of the prior year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose substantially. On a year-over-year basis, revenue also improved, albeit at a more moderate pace.
What to watch
Working capital requirements typically peak in the first half of the year due to the seasonal business cycle.