How did BELFA's revenue and expenses trend in Q4 2024 compared to previous quarters?

Bel Fuse Inc. (BELFA) experienced a decline in revenue and net income in Q4 2024 compared to the previous quarter, Q3 2024:

1. **Revenue Trend**: The total revenue for Q4 2024 was $149.86 million, which was lower than the revenue in Q3 2024, which was $123.64 million. This decline in revenue was even more pronounced when compared to Q2 2024, with that quarter's revenue being $133.21 million, and Q1 2024, with revenue at $128.09 million.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|BELFA|BELFA.O|Bel Fuse A|2023 Q4|-17.253240190776758|1.4001E8|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q1|-25.67771433876433|1.2809E8|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q2|-21.076331490665197|1.33205E8|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q3|-22.08442041315335|1.23638E8|185|

2. **Net Income Trend**: Similarly, the net income for Q4 2024 was $6.43 million, which was lower than the net income in Q3 2024, which was $8.08 million. The net income in Q2 2024 was $18.81 million, which was significantly higher than the net income in Q4 2024. Q1 2024's net income was $15.87 million.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|BELFA|BELFA.O|Bel Fuse A|2023 Q4|-14.273504273504273|1.2036E7|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q1|8.934943727696954|1.5874E7|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q2|-32.291629162916294|1.8806E7|185|
|BELFA|BELFA.O|Bel Fuse A|2024 Q3|-58.45331139448786|8080000|185|

The data indicates that Bel Fuse Inc. faced a challenging quarter in terms of revenue and net income, with both metrics showing declines from the previous quarter. This trend suggests that the company may have encountered certain operational or market challenges during Q4 2024.