Ventas (VTR) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter a year earlier. The growth was driven by the company's ongoing operations.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter a year earlier. The growth was driven by the company's ongoing operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.7%
Change from the immediately preceding quarter.
Year-over-year
+8.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.3B
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 | $1B | +6.3% |
| Dec 31, 2022 | $1.1B | +2.8% |
| Mar 31, 2023 | $1.1B | +5.9% |
| Jun 30, 2023 | $1.1B | +8.2% |
Revenue performance
The reported revenue showed an upward trend from the prior quarter, continuing the pattern of sequential growth seen in recent periods.
Quarterly comparison
Revenue was higher than both the previous quarter and the same quarter one year prior, reflecting year-over-year improvement as well as sequential momentum.
What to watch
Monitor whether revenue growth can sustain the sequential pace seen in the current quarter.