How did Atlantic Telecom's revenue and expenses shift in Q4 2024?
4/14/2025 11:43am
In Q4 2024, Atlantic Telecom's revenue and expenses showed a significant shift, with a substantial decline in net income due to a substantial increase in operating expenses compared to revenue.
1. **Revenue Shift**:
- **Temporary Placement Services**: The revenue generated from this segment was $438.82 million.
- **Permanent Placement and Other Services**: The revenue from this segment was $3.79 million.
2. **Expense Shift**:
- The company reported a total net income of -$68.65 million, indicating a substantial loss.
3. **Insights into Q4 2024**:
- The negative net income suggests that the company's expenses were significantly higher than its revenue in Q4 2024.
- The disparity between the revenue figures for the two segments highlights the importance of understanding the specific revenue and expense dynamics within each segment for a more accurate analysis of the company's financial performance.
|code|Ticker|Name|Date|Total Revenue YoY|Operating Expenses YoY|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|ATLN|ATLN.O|Atlantic|2024 Q2|17.089172511505172||1.04636273E8||185|
|ATLN|ATLN.O|Atlantic|2024 Q3|10.245611307303125||1.07803843E8||185|
|ATLN|ATLN.O|Atlantic|2024 Q4|11.488838408066258||1.29546486E8||185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ATLN|ATLN.O|Atlantic|2024 Q1|36.242919145281036|-1095580|185|
|ATLN|ATLN.O|Atlantic|2024 Q2|-1418.5376644178302|-5.4911719E7|185|
|ATLN|ATLN.O|Atlantic|2024 Q3|-79.79381027872823|-7049629|185|
|ATLN|ATLN.O|Atlantic|2024 Q4|-1174.468361200462|-6.8651698E7|185|