How did Unitil's revenue and expenses perform in Q4 2024 compared to previous quarters?
4/14/2025 01:17pm
Unitil's revenue and expenses in Q4 2024 showed a significant increase compared to the previous quarter, Q3 2024.
1. **Revenue Performance**:
- In Q4 2024, Unitil reported a total revenue of $178.7 million.
- The revenue in Q3 2024 was $127.5 million.
- This indicates a substantial increase in revenue from Q3 to Q4, with Q4's revenue being approximately 40% higher than Q3's.
2. **Expense Performance**:
- Unfortunately, the total expenses for Q4 2024 are not available. However, the last available data is from Q3 2024, which shows an expense of $95.7 million.
- Without the Q4 expense data, a direct comparison cannot be made. But it's important to note that the revenue increase suggests that any increase in expenses would have been offset by higher revenues, potentially indicating efficient management or cost control measures.
In summary, Unitil experienced a strong revenue surge in Q4 2024, which is a positive indicator for the company's financial performance during that period. The exact expense picture for Q4 is not available, but it's clear that the company's revenue exceeded its expenses, leading to a robust financial outcome for the quarter.