How did NWPX's revenue and expenses perform in Q4 2024 compared to previous quarters?
5/7/2025 05:41pm
Northwest Pipe (NWPX) experienced a significant increase in revenue and expenses in Q4 2024 compared to the previous quarter, Q3 2024.
1. **Revenue Performance**:
- NWPX's revenue for Q4 2024 was $113.22 million.
- The revenue in Q3 2024 was $72.70 million.
- This indicates a substantial increase in revenue from Q3 to Q4, suggesting a strong performance in the final quarter of the year.
2. **Expense Performance**:
- Total expenses for Q4 2024 were $49.255 million.
- The total expenses in Q3 2024 were $37.292 million.
- Like revenue, there is a significant increase in expenses from Q3 to Q4, indicating that the company may have had increased operational costs or investments in this period.
3. **Overall Financial Health Indicators**:
- The increase in both revenue and expenses suggests that NWPX may have been expanding its operations or responding to increased demand, which could be a positive sign for growth.
- However, the exact reasons behind these changes would require further analysis of the company's financial statements and market conditions at the time.