UDR (UDR) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the latest quarter. The growth outpaced both the preceding quarter and the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the latest quarter. The growth outpaced both the preceding quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5M
Revenue reported for this quarter.
Quarter-over-quarter
+16.7%
Change from the immediately preceding quarter.
Year-over-year
+2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.2M
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 | $1.3M | +19.0% |
| Dec 31, 2022 | $1.2M | +5.1% |
| Mar 31, 2023 | $1.2M | +14.5% |
| Jun 30, 2023 | $1.5M | +2.2% |
Revenue performance
The company reported higher revenue compared to the trailing twelve-month average, reflecting improved operational performance.
Quarterly comparison
Revenue rose sequentially from the prior quarter and also increased compared to the same period a year earlier.
What to watch
Monitor the company's ability to sustain revenue growth amid changing market conditions.