How did Manitowoc's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/8/2025 10:42pm
Manitowoc's revenue and expenses in Q4 2024 showed a decline compared to the previous quarter, Q3 2024, and a slight increase compared to Q2 2024, with a notable decrease in expenses in Q1 2024.
1. **Revenue Trend**:
- Q4 2024: Total revenue was $596 million.
- Q3 2024: Total revenue was $524.8 million.
- Q2 2024: Total revenue was $562.1 million.
- Q1 2024: Total revenue was $495.1 million.
- The revenue decreased from Q3 to Q4, but increased from Q2 to Q3, with a significant decrease from Q1 to Q2.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|MTW|MTW.N|The Manitowoc|2023 Q4|-4.1505791505791505|5.958E8|169|
|MTW|MTW.N|The Manitowoc|2024 Q1|-2.5968915994491444|4.951E8|169|
|MTW|MTW.N|The Manitowoc|2024 Q2|-6.751824817518248|5.621E8|169|
|MTW|MTW.N|The Manitowoc|2024 Q3|0.748704165866769|5.248E8|169|
2. **Expense Trend**: There are no available data on Manitowoc's expenses in Q4 2024. However, we can analyze the trend of cost of sales and gross profit margin, which could indicate the direction of expenses.
- The cost of sales decreased from Q3 to Q4, and the gross profit margin increased from Q3 to Q4, suggesting a possible decrease in expenses in Q4 2024 compared to Q3 2024.
- The cost of sales decreased from Q1 to Q2, and the gross profit margin increased from Q1 to Q2, indicating a possible decrease in expenses from Q1 to Q2.
- Without specific expense data, it's challenging to provide a definitive trend. However, the increase in gross profit margin from Q1 to Q2 and from Q3 to Q4 suggests a positive direction in expenses or a more efficient cost management by the company.
In summary, Manitowoc's revenue showed a decrease from Q3 to Q4 but an increase from Q2 to Q3, with a significant decrease from Q1 to Q2. The trend of expenses is unclear due to lack of data, but the increase in gross profit margin from Q1 to Q2 and from Q3 to Q4 suggests a possible decrease in expenses or improved cost management.