Universal Health Services (UHS) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's trailing twelve-month revenue also rose.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company's trailing twelve-month revenue also rose.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+5.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.6B
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 | $3.3B | +3.9% |
| Sep 30, 2022 | $3.3B | +5.7% |
| Dec 31, 2022 | $3.4B | +5.2% |
| Mar 31, 2023 | $3.5B | +5.3% |
Revenue performance
The reported revenue direction was upward, reflecting continued growth.
Quarterly comparison
Compared with the prior quarter, revenue increased, and it also increased relative to the same quarter a year ago. The sequential increase was smaller than the year-over-year increase.
What to watch
No specific risk factors were discussed in the filing that would alter the revenue outlook.