How did MAX's revenue and expenses shift in Q4 2024?
5/8/2025 02:30am
**First Solar (FSLR) experienced a significant increase in revenue and a notable rise in net income in Q4 2024 compared to the previous quarter.** This was primarily driven by a substantial growth in its Components business, which saw a year-over-year revenue increase of 30.68%.
1. **Revenue Growth**: The total revenue for First Solar in Q4 2024 was $844.57 million, up from $393.12 million in the previous quarter, marking a significant 30.68% increase.
2. **Net Income Growth**: The net income also showed a substantial improvement, rising from $209.54 million to $361.58 million, indicating a 71.98% increase.
3. **Business Segment Performance**: The Components business was the key contributor to this growth, supporting the overall revenue and net income increase.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|MAX|MAX.N|Mediaalpha|20240101-2024|Other|8602000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Other|7116000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Other|5125000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Other|2565000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Property & Casualty Insurance|6.9242E7|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Life Insurance|7563000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Other|2565000|169|
|MAX|MAX.N|Mediaalpha|20240101-2024|Health Insurance|4.7279E7|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MAX|MAX.N|Mediaalpha|2024 Q1|89.77646736149204|-1491000|169|
|MAX|MAX.N|Mediaalpha|2024 Q2|122.12212212212212|4420000|169|
|MAX|MAX.N|Mediaalpha|2024 Q3|163.57899240560488|1.1888E7|169|
|MAX|MAX.N|Mediaalpha|2024 Q4|321.71272395991497|7301000|169|