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

In Q4 2024, DNOW's revenue and expenses exhibited distinct trends compared to the previous three quarters:

1. **Revenue Trend**:
- DNOW's revenue for Q4 2024 was $571 million.
- The revenue in the previous three quarters was $599 million in Q3 2024 and $606 million in Q2 2024.
- This indicates a decline in revenue from the previous quarter, with a decrease of approximately 8.55% from Q3 2024 to Q4 2024.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DNOW|DNOW.N|DNOW|2024 Q1|-3.595890410958904|5.63E8|169|
|DNOW|DNOW.N|DNOW|2024 Q2|6.565656565656567|6.33E8|169|
|DNOW|DNOW.N|DNOW|2024 Q3|3.061224489795918|6.06E8|169|
|DNOW|DNOW.N|DNOW|2024 Q4|2.8828828828828827|5.71E8|169|

2. **Expense Trend**: There are no available data on DNOW's expenses in Q4 2024 and previous three quarters.
3. **Short Interest Decrease**: Short interest in DNOW dropped by 5.7% from November 30th to December 15th, 2024, indicating potential market confidence or a reduction in bearish sentiment.

The decline in revenue from Q3 to Q4 2024 suggests that DNOW faced challenges in Q4, possibly related to operational efficiency, market conditions, or business strategy. The lack of data on expenses prevents a comprehensive analysis of the company's financial health during this period. However, the decrease in short interest could be interpreted as a sign of stabilizing market perception or a reflection of factors that do not align with the revenue decline, such as improved earnings or strategic adjustments.