Alliant Energy (LNT) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the first quarter compared to both the prior quarter and the same quarter a year earlier. The positive trend continued from the previous period.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the first quarter compared to both the prior quarter and the same quarter a year earlier. The positive trend continued from the previous period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+1.8%
Change from the immediately preceding quarter.
Year-over-year
+0.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.2B
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 | $943M | +15.4% |
| Sep 30, 2022 | $1.1B | +10.8% |
| Dec 31, 2022 | $1.1B | +14.1% |
| Mar 31, 2023 | $1.1B | +0.8% |
Revenue performance
The reported revenue showed an upward direction for the quarter, building on the prior period's level.
Quarterly comparison
Revenue exceeded the immediately preceding quarter's figure as well as the year-ago quarter's result, indicating sustained improvement.
What to watch
Monitor whether the company can maintain the positive revenue trend in the coming quarters.