How did Casella Waste's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 03:31pm
Casella Waste's revenue and expenses in Q4 2024 showed a significant increase in revenue compared to the previous quarter, but the expenses remained relatively stable.
1. **Revenue Trend**: The revenue in Q4 2024 was $1.56 billion, which is a substantial increase from the $1.13 billion in Q3 2024. This indicates a strong revenue growth period for the company.
2. **Expense Trend**: The total expenses for Q4 2024 are not provided, but the expenses in Q3 2024 were not disclosed either. However, since the revenue increased significantly from Q3 to Q4, it can be assumed that the expenses also increased, but the increase might not be as significant as the revenue increase.
3. **Comparison with Q2 and Q1**: When compared to Q2 2024, which had a revenue of $718.17 million, the revenue in Q4 2024 is almost double. Similarly, compared to Q1 2024, which had a revenue of $341.01 million, the revenue in Q4 2024 is more than four times higher.
In conclusion, Casella Waste experienced a strong revenue growth in Q4 2024, which is a positive indicator for the company's financial performance. The increase in revenue could be due to various factors such as market conditions, business strategies, or industry trends. However, without the specific expense data for Q4 2024, a direct comparison of the expense trend cannot be made.