How did KLXE's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/9/2025 00:39am
KLXE's revenue and expenses in Q4 2024 showed a continued decline compared to the previous quarter, Q3 2024, with total expenses remaining relatively stable while revenue decreased significantly.
1. **Revenue Trend**:
- KLXE's revenue for Q4 2024 was $709.3 million, which is a decrease from Q3 2024's $543.8 million and Q2 2024's $354.9 million. The revenue in Q1 2024 was $174.7 million.
- The year-over-year revenue growth rate for Q4 2024 was -0.2%, indicating a decline in revenue compared to the same period in the previous year.
2. **Expense Trend**:
- Total expenses for Q4 2024 were not provided, but the cumulative expenses for Q3 2024 were $174.7 million, which is less than the cumulative expenses of Q2 2024 ($354.9 million) and Q1 2024 ($543.8 million).
- The cumulative expenses for Q1 2024 were $174.7 million, which is the lowest among the four quarters.
- The year-over-year growth rate for expenses in Q4 2024 was not provided, but the cumulative expenses showed a decrease from Q3 2024 to Q4 2024.
In summary, KLXE experienced a significant decline in revenue from Q3 2024 to Q4 2024, while the trend for expenses was less clear, with a slight decrease from Q3 2024 to Q4 2024 but without specific year-over-year growth rate data.