How did Alector's revenue and expenses shift in Q4 2024?

Alector's financials for Q4 2024 are not currently available. However, based on the latest available data, the company experienced a significant decline in stock price but reported an increase in revenue and a decrease in net loss compared to the previous quarter.

1. **Revenue Shift**:
- Alector's revenue for Q3 2024 was $15.3 million, which is a 68% increase from the same period in the previous year.
- Despite the increase, revenue fell short of analyst estimates by 2.3%.
2. **Expense Shift**:
- Net loss for Q3 2024 was $42.2 million, which is a decrease of 5.1% from the previous quarter.
- The company reported a negative return on equity of 102.63% and a negative net margin of 290.66%.
3. **Profitability**:
- Alector's gross profit stood at $13.15 million, and the price-to-earnings ratio was -1.07, indicating significant pressure on earnings.
- The company's earnings per share were -$0.43, which improved from -$0.53 in the previous quarter.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|ALEC|ALEC.O|Alector|2024 Q1|1.5893E7||-3.6079E7|185|
|ALEC|ALEC.O|Alector|2024 Q2|1.5083E7||-3.8676E7|185|
|ALEC|ALEC.O|Alector|2024 Q3|1.5342E7||-4.222E7|185|
|ALEC|ALEC.O|Alector|2024 Q4|5.424E7||-2074000|185|

In conclusion, while Alector showed an increase in revenue and a reduction in net loss compared to the previous quarter, the company's financial performance continues to be impacted by significant expenses and negative margins. The absence of Q4 2024 data prevents a full assessment of the trends observed, but the available information suggests ongoing challenges for the company.