Berkshire Hathaway posts Q1 revenue of $85.3B - Breaking The News
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Berkshire Hathaway posts Q1 revenue of $85.3B

EPA/LARRY W. SMITH

Berkshire Hathaway Inc.'s revenues for the first quarter of 2023 landed at $85.3 billion, rising compared to the $17.8 billion gain reported in the same three-month period of 2022.

The company's quarterly operating profit increased by 13% to $8.07 billion. Its net earnings attributable to Berkshire Hathaway shareholders were at $35.5 billion in the first quarter, while its total net earnings stood at $35.7 billion.

Warren Buffett's conglomerate also said it repurchased $4.4 billion of its stock in the three months ending with March.

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