How does STEC's revenue trend compare to its expenses this quarter?

Santech Holdings Limited (STEC) experienced a significant decline in revenue compared to a relatively stable trend in expenses this quarter. 1. **Revenue Trend**: - STEC's revenue for the quarter was $1,147 million. - The company has shown volatile revenue trends, with a substantial decrease from the previous quarter's $1,830 million. - The year-over-year revenue growth rate was -0.42%. 2. **Expense Trend**: - Total expenses for the quarter were $1,037 million. - The trend of operating expenses has been decreasing from $2,105 million in the previous quarter. - Selling, General & Administrative (SG&A) expenses were $1,032 million, which is a decrease from the previous quarter's $1,653 million. 3. **Comparison and Insights**: - The revenue decline is more pronounced than the decrease in expenses, leading to a significant drop in gross profit and net income. - The company's gross profit was $1,147 million, which is the same as its revenue due to the absence of cost of revenue data. - Operating income was $109.51 million, indicating a challenging financial period for STEC. - The net income was $61.46 million, reflecting a substantial decrease from the previous quarter's $235.87 million. In conclusion, STEC's revenue trend this quarter is characterized by a sharp decline, while expenses have shown more stability, leading to a significant impact on the company's profitability.