Mettler-Toledo International (MTD) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago. The sequential and year-over-year comparisons both showed positive growth.
Key takeaway
Quarter ended Jun 30, 2023 · FY2021 Q3
Revenue for the quarter rose compared to both the prior quarter and the same period a year ago. The sequential and year-over-year comparisons both showed positive growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$982.1M
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
+21.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
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 | $985.8M | +22.1% |
| Dec 31, 2022 | $1.1B | +2.0% |
| Mar 31, 2023 | $928.7M | +15.5% |
| Jun 30, 2023 | $982.1M | +21.6% |
Revenue performance
The company posted higher revenue in the latest quarter. The increase was reflected in the top-line results.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Compared to the same quarter one year earlier, revenue also showed a substantial rise.
What to watch
The company's cash flow from operations improved in the first half of the year, a trend to monitor in subsequent quarters.