Universal Health Services (UHS) Revenue — Quarter Ended Jun 30, 2023
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was positive on both a sequential and year-over-year basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was positive on both a sequential and year-over-year basis.
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
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.8B
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 | $3.3B | +5.7% |
| Dec 31, 2022 | $3.4B | +5.2% |
| Mar 31, 2023 | $3.5B | +5.3% |
| Jun 30, 2023 | $3.5B | +6.8% |
Revenue performance
Revenue increased sequentially, continuing the upward trend observed over the past year. The current quarter's level was higher than the prior quarter's figure.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. Compared to the same quarter one year earlier, revenue also grew, with the year-over-year increase being more pronounced than the sequential increase.
What to watch
The sequential growth rate was lower than the year-over-year growth rate, a pattern that may warrant attention in upcoming quarters.