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

Quaker Chemical (KWR) experienced a decrease in total revenue from $462.27 million in Q3 2024 to $444.09 million in Q4 2024, a decline of approximately 3.8%. However, the company's total expenses remained relatively stable, with no significant changes reported for Q4 2024 compared to the previous quarter. This trend suggests that while KWR's revenue declined, its expense management remained consistent, which could be indicative of cost-control measures or operational efficiency improvements within the company.