How did HYPR's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/8/2025 05:18pm
**Hyperfine's revenue showed a decline in Q4 2024 compared to the previous quarter**, while expenses data is not available for this period. Here's a summary of the trends observed:
1. **Revenue Trend**:
- Q4 2024: $2.32 million
- Q3 2024: $3.64 million
- Q2 2024: $3.63 million
- Q1 2024: $3.3 million
- As shown, there is a clear decline in revenue from Q3 to Q4, which is a significant decrease from $3.64 million to $2.32 million.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|HYPR|HYPR.O|Hyperfine|2023 Q4|88.62359550561798|2686000|185|
|HYPR|HYPR.O|Hyperfine|2024 Q1|25.047438330170777|3295000|185|
|HYPR|HYPR.O|Hyperfine|2024 Q2|7.3942620526471465|3631000|185|
|HYPR|HYPR.O|Hyperfine|2024 Q3|56.351931330472105|3643000|185|
2. **Expense Trend**: No specific data is available for Q4 2024 expenses. However, it is important to note that Hyperfine has been investing in innovation and has reported a 24% increase in full-year gross profit and a gross margin expansion of 300 basis points for the year 2024. This suggests that despite any potential increase in expenses, the company has been able to improve its profitability.
3. **Comparative Analysis**: When comparing full-year revenue, Hyperfine saw a 17% year-over-year increase, reaching $12.9 million in 2024. This indicates that while Q4 may have been a low point for revenue, the overall year was still marked by growth, albeit slower than the previous year.
In conclusion, Hyperfine experienced a notable decline in revenue in Q4 2024, which may have been offset by improved gross margins and overall revenue growth for the year. Further details on expenses in Q4 2024 are needed to fully understand the company's financial performance during this period.