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

**BGSF's revenue and expenses in Q4 2024 showed a decline compared to the previous quarter**, specifically:

1. **Revenue Trend**:
- BGSF's total revenue for Q4 2024 was $64.41 million.
- The revenue in Q3 2024 was $71.19 million.
- This indicates a decrease of approximately 9.5% from Q3 to Q4.
2. **Expense Trend**:
- There are no available data on BGSF's expenses for Q4 2024.
- However, the company reported a gross profit of $21.5 million for Q4, down from $24.3 million in Q3, primarily due to lower sales in Property Management.
3. **Comparing Q4 with Q3**:
- Gross profit margin decreased from 34.6% in Q3 to 33.3% in Q4.
- Adjusted EBITDA also decreased from $3.4 million in Q3 to $1.4 million in Q4, with the EBITDA margin decreasing from 4.8% to 2.2%.
4. **Strategic Restructuring Impact**:
- BGSF executed a cost restructuring plan in Q4, estimating a reduction of approximately $5 million in annual compensation and benefit expenses.
- The company anticipates additional expense savings of $2 million to $4 million in 2025 through further expense reductions.

In summary, BGSF experienced a decline in revenue and gross profit in Q4 2024 compared to Q3, primarily driven by lower sales in the Property Management segment. The company's strategic restructuring plan is expected to lead to significant expense reductions in the coming years.