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

**Solaris Energy Infrastructure (SEI) experienced a notable increase in revenue and a significant rise in adjusted EBITDA guidance for Q4 2024 compared to the previous quarter**, reflecting improved operational performance and growth initiatives.

1. **Revenue Trend**:
- SEI's total revenue for Q4 2024 was $96.3 million.
- The revenue for Q3 2024 was $75.02 million, and for Q2 2024, it was $73.89 million.
- The revenue for Q1 2024, was $67.89 million.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SEI|SEI.N|Solaris Energy|2023 Q4|-24.635353463249814|6.3347E7|169|
|SEI|SEI.N|Solaris Energy|2024 Q1|-17.92993399579314|6.789E7|169|
|SEI|SEI.N|Solaris Energy|2024 Q2|-4.295225512292427|7.3886E7|169|
|SEI|SEI.N|Solaris Energy|2024 Q3|7.666915437166312|7.5018E7|169|

- Clearly, there is a seasonal trend with the highest revenue in Q4, which is typical for companies with significant operations in the energy sector.
2. **Expense Trend**: Unfortunately, specific expense data for Q4 2024 is not available. However, the company has provided guidance on its adjusted EBITDA, which increased from $33 million to $36 million, indicating improved profitability.
3. **Financial Performance Indicators**:
- The company's power solutions segment saw continued enhanced utilization levels and improved cost absorption, which contributed to the increased EBITDA guidance.
- SEI expects to deploy an average of approximately 250 MW during Q4, which reflects full utilization of its currently available asset base.
4. **Strategic Moves and Investments**: SEI placed orders for 9 additional gas-fired turbines, totaling approximately 145 MW in incremental generation capacity. These investments are expected to significantly augment the company's generation capacity, supporting its growth and operational efficiency.
5. **Market Sentiment and Outlook**: The company's shares surged by as much as 21% following the announcement of the increased EBITDA guidance, reaching an all-time intraday high. This surge reflects investor confidence in SEI's strategic direction and growth potential.

In summary, SEI's revenue trend for Q4 2024 shows a strong performance compared to previous quarters, coupled with positive developments in operational efficiency and strategic investments that are likely to bolster its future growth.