Alliant Energy (LNT) Revenue — Quarter Ended Jun 30, 2023
For the quarter ended June 30, 2023, Alliant Energy Corporation reported a decline in revenue. The decline was observed both sequentially and compared to the same period a year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
For the quarter ended June 30, 2023, Alliant Energy Corporation reported a decline in revenue. The decline was observed both sequentially and compared to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$912M
Revenue reported for this quarter.
Quarter-over-quarter
-15.3%
Change from the immediately preceding quarter.
Year-over-year
-3.3%
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 |
|---|---|---|
| Sep 30, 2022 | $1.1B | +10.8% |
| Dec 31, 2022 | $1.1B | +14.1% |
| Mar 31, 2023 | $1.1B | +0.8% |
| Jun 30, 2023 | $912M | -3.3% |
Revenue performance
Revenue decreased from the prior quarter, marking a departure from the relatively stable levels seen in recent quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Versus the same quarter one year ago, revenue also declined.
What to watch
Monitor whether the revenue decline signals a broader trend or is a temporary fluctuation given the prior stable performance.