Universal Health Services (UHS) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The year-over-year growth rate matched the rate seen in the preceding quarter.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The year-over-year growth rate matched the rate seen in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.6B
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$14B
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 |
|---|---|---|
| Dec 31, 2022 | $3.4B | +5.2% |
| Mar 31, 2023 | $3.5B | +5.3% |
| Jun 30, 2023 | $3.5B | +6.8% |
| Sep 30, 2023 | $3.6B | +6.8% |
Revenue performance
The reported revenue rose sequentially, though the increase was slight. On an annual basis, revenue continued to grow at a consistent pace.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher by a small margin. Versus the same quarter one year earlier, revenue showed a larger improvement.
What to watch
The narrow sequential revenue gain may be a point to monitor in upcoming reports.