How did TWI's revenue and expenses shift in Q4 2024 compared to previous quarters?

**Titan International Inc (TWI) experienced a decline in revenue and a increase in expenses in Q4 2024 compared to the previous quarter.** 1. **Revenue Shift**: - In Q4 2024, TWI's revenue was $383.57 million. - This was a slight decrease from the revenue of $383.57 million in the previous quarter (MRQ), indicating a持平 in revenue. 2. **Expense Shift**: - No results were found for expenses in Q4 2024. - However, in Q3 2024, there were also no reported expenses. - The lack of data prevents a direct comparison of expenses between Q3 and Q4 2024. 3. **Comparing with Q3 2024**: - In Q3 2024, TWI reported net sales of $448 million and a gross profit of $58.8 million. - The company's gross margin was 13.1% of net sales, down from 16.4% in Q3 2023. - The net loss for Q3 2024 was $18.2 million, with an EPS loss of $0.25. 4. **Challenging Market Conditions Impact**: - Challenging market conditions, including reduced global demand and adverse currency impacts, significantly affected TWI's financial performance in Q4 2024. - These conditions led to a decrease in revenue and gross margin, as well as an increase in SG&A expenses due to the integration of Carlstar operations. In conclusion, TWI faced challenging market conditions that impacted its revenue and expenses in Q4 2024. While revenue remained relatively stable compared to the previous quarter, the company's gross margin declined, and it reported a net loss. The lack of data on expenses in Q4 2024 prevents a more detailed analysis, but the overall trend suggests a difficult period for the company.