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                                    How did Magna International's revenue and expenses shift in Q2 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        5/7/2025 07:14pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">Magna International's revenue and expenses in Q2 2024 showed a slight decline in revenue and a significant increase in expenses compared to the previous quarter:

1. **Revenue Shift**: The total revenue for Q2 2024 was $10.96 billion, which represents a decrease of 0.21% from the previous quarter. This indicates a slight contraction in the company's revenue stream.
2. **Expense Shift**: The total expenses for Q2 2024 were $9.49 billion, which is a substantial increase from the previous quarter. This suggests that the company's cost management faced significant challenges during this period, potentially due to factors such as inflation, supply chain disruptions, or operational inefficiencies.


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represents a decrease of 0.21% from the previous quarter. This indicates a slight contraction in the company's revenue stream.\n2. **Expense Shift**: The total expenses for Q2 2024 were $9.49 billion, which is a substantial increase from the previous quarter. This suggests that the company's cost management faced significant challenges during this period, potentially due to factors such as inflation, supply chain disruptions, or operational inefficiencies.\n\n\n","select   stock_code,   total_revenue,   cost_of_sales,   operating_expenses,   total_expenses - operating_expenses from   ustock_fin_data where   report_end_date = date('2024y2q')   and stock_code = 'MGA.N'","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite",1746616449174,"stock","169","Magna International's revenue and expenses in Q2 2024 showed a slight decline in revenue and a significant increase in expenses compared to the previous quarter[^1]","Magna International",". **Revenue Shift**: The total revenue for Q2 2024 was $10.96 billion, which represents a decrease of 0.21% from the previous quarter. 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