How did Quanex's revenue and expenses shift in Q1 2025?

Quanex's revenue and expenses in Q1 2025 showed a decrease in revenue and an increase in expenses compared to the previous quarter: 1. **Revenue Shift**: The company's total revenue decreased by 4.34% to $400.04 million in Q1 2025, down from the previous quarter's revenue. 2. **Cost of Goods Sold**: The cost of goods sold increased to $307.73 million in Q1 2025, up from the previous quarter's cost of goods sold. 3. **Operating Expenses**: Operating expenses also rose to $16.76 million in Q1 2025, up from the previous quarter's operating expenses. 4. **Depreciation and Amortization**: Depreciation and amortization remained stable at $14.19 million in Q1 2025, indicating no significant change from the previous quarter. 5. **Interest Expenses**: Interest expenses increased to $14.19 million in Q1 2025, up from the previous quarter's interest expenses. 6. **Interest Income**: Interest income remained stable at $5.05 million in Q1 2025, indicating no significant change from the previous quarter. 7. **Income Tax Expense**: Income tax expense decreased to -$5.05 million in Q1 2025, down from the previous quarter's income tax expense. Overall, Quanex experienced a decline in revenue and an increase in operating expenses and interest expenses in Q1 2025, with depreciation and amortization remaining stable and interest income maintaining its previous level. The company's income tax expense also decreased significantly compared to the previous quarter.