How did CarParts.com's revenue and expenses trend in Q4 2024?


Aime
CarParts.com's revenue and expenses in Q4 2024 are not currently available. However, the latest available data is from Q3 2024, where the company reported the following key figures1:
- Revenue Trend: CarParts.com's revenue for Q3 2024 was $144.8 million, representing a 13% decrease from the same period in the previous year ($166.9 million). This decline in revenue was primarily attributed to deliberate price increases and challenging consumer environments.
- Expense Trend: The company's gross margin improved to 35.2% in Q3 2024, up from 32.9% in the corresponding period of the previous year. This indicates a positive trend in operational efficiency. However, the net loss for the quarter was $10 million, an increase from the net loss of $2.5 million in Q3 2023. The adjusted EBITDA loss was $1.2 million, a significant improvement from the adjusted EBITDA of $3 million in the prior year period.
Please note that for a complete analysis of CarParts.com's financial trends in Q4 2024, additional information is needed. The data provided here is based on the information available up to Q3 2024.
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