How has MDV's earnings trended over recent quarters?

Modiv Dividend Corporation (MDV) has experienced a fluctuating earnings trend over the past quarters. The net income for MDV has been as follows: 1. **Recent Performance**: The most recent quarter's net income was $4.64 million for the period ending March 31, 2024. 2. **Growth Trend**: There has been a general upward trend in net income over the past quarters, with an increase from $1.26 million on December 31, 2023, to $4.64 million on March 31, 2024. 3. **Decline in Revenue**: However, there was a notable decline in net income from the previous quarter's $1.64 million to the current quarter's $4.64 million, which is a significant drop. 4. **Loss in Previous Quarter**: It's important to note that MDV had a negative net income of $1.05 million on September 30, 2024, which indicates a challenging period for the company. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |MDV|MDV.N|Modiv|2024 Q1|201.27545332186338|4637323|169| |MDV|MDV.N|Modiv|2024 Q2|-72.74840586934684|1261736|169| |MDV|MDV.N|Modiv|2024 Q3|84.82694741183582|-1047736|169| |MDV|MDV.N|Modiv|2024 Q4|189.13486336661617|1641677|169| The data suggests that while MDV has shown growth in net income from the previous quarter's loss to the current quarter's profit, there is still a significant decrease from the immediate prior quarter's earnings. The company's performance is currently recovering from a loss, but it faces ongoing challenges as evidenced by the recent decline in revenue.