Regency Centers (REG) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$318M
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.2B
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 | $302.1M | +5.2% |
| Sep 30, 2022 | $304M | -1.1% |
| Dec 31, 2022 | $314.5M | +5.9% |
| Mar 31, 2023 | $318M | +4.8% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory seen over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, reflecting a stronger annual performance. The sequential increase from the prior quarter was smaller in magnitude than the year-over-year change.
What to watch
The filing context notes no unsecured debt maturities until mid-2024, which may support ongoing operations.