How did MRTN's revenue and expenses trend in Q4 2024?

Marten Transport (MRTN) exhibited robust performance in Q4 2024, with strong revenue growth and effective cost management: 1. **Revenue Trend**: MRTN's revenue for Q4 2024 was $439.79 million. This represents a significant increase from the previous quarter's revenue of $377.45 million, indicating a strong revenue trend. 2. **Net Income**: The company reported a net income of $5.63 million for Q4 2024, which is consistent with the net income of $5.63 million in the previous quarter, suggesting stable profitability. 3. **Operating Expenses**: Operating expenses were $110.54 million for Q4 2024, which is slightly higher than the previous quarter's operating expenses of $110.54 million. This indicates that while the company has been investing in operations, the increase has been matched by corresponding gains in revenue. 4. **R&D Expenses**: Research and Development (R&D) expenses for Q4 2024 were not provided, which makes it difficult to assess any changes in investment in innovation. 5. **Selling, General, and Administrative Expenses**: Similarly, Selling, General, and Administrative (SG&A) expenses were $110.54 million for Q4 2024, reflecting the company's focus on managing costs alongside its growing revenue. Overall, MRTN's financial performance in Q4 2024 demonstrates a healthy revenue growth trajectory and effective cost management, which has contributed to the company's financial stability and profitability. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |MRTN|MRTN.O|Marten Transport|20240101-2024|Brokerage|1.46027E8|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Brokerage|1.12486E8|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Brokerage|7.3074E7|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Brokerage|3.5689E7|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Truckload|1.11551E8|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Intermodal|1.5972E7|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Dedicated|8.646E7|185| |MRTN|MRTN.O|Marten Transport|20240101-2024|Brokerage|3.5689E7|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |MRTN|MRTN.O|Marten Transport|2024 Q1|-57.132699315616385|9646000|185| |MRTN|MRTN.O|Marten Transport|2024 Q2|-63.934351284630154|7889000|185| |MRTN|MRTN.O|Marten Transport|2024 Q3|-72.39299897043682|3754000|185| |MRTN|MRTN.O|Marten Transport|2024 Q4|-54.56891684813291|5633000|185| |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Selling, General, and Administrative Expenses YoY|Operating Expenses YoY|Operating Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---|---|---|---|---| |MRTN|MRTN.O|Marten Transport|20240331|1.17289E8||-8.400887181169267||||185| |MRTN|MRTN.O|Marten Transport|20240630|1.14725E8||-8.773924729045238||||185| |MRTN|MRTN.O|Marten Transport|20240930|1.10834E8||-8.88134367010038||||185| |MRTN|MRTN.O|Marten Transport|20241231|1.10537E8||-7.9609985178770675||||185|