How did KIDS' revenue and expenses trend in Q4 2024 compared to previous quarters?
5/8/2025 01:13pm
Orthopediatrics (KIDS) showed a general upward trend in revenue and a slight increase in expenses from Q1 2024 to Q4 2024:
1. **Revenue Trend**: The revenue for Q1 2024 was $44.69 million, and it increased to $97.49 million by Q2 2024. A significant jump was observed from $152.06 million in Q3 2024 to $204.73 million in Q4 2024, indicating a strong revenue growth in the last quarter of the year.
2. **Expense Trend**: The expenses also showed an increasing trend over the same period, starting from $44.69 million in Q1 2024, rising to $97.49 million by Q2 2024, and then to $152.06 million by Q3 2024. However, the increase in expenses was more gradual compared to the revenue growth, as the Q4 2024 expenses were similar to those in Q3 2024.
The data suggests that while Orthopediatrics experienced steady growth in both revenue and expenses throughout 2024, the most significant increase in revenue occurred in Q4 2024, outpacing the increase in expenses, which may have contributed to the company's profitability at the end of the year.