Westinghouse Air Brake Technologies (WAB) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter. The growth was observed compared to both the previous quarter and the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter. The growth was observed compared to both the previous quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+9.7%
Change from the immediately preceding quarter.
Year-over-year
+17.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$9B
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 | $2.1B | +9.1% |
| Dec 31, 2022 | $2.3B | +11.2% |
| Mar 31, 2023 | $2.2B | +13.9% |
| Jun 30, 2023 | $2.4B | +17.5% |
Revenue performance
The company reported higher revenue for the quarter. This follows a pattern of year-over-year growth seen in recent quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue also increased.
What to watch
The filing indicates a significant decrease in operating cash flow for the first half of the year relative to the prior year.