How did Silverway's revenue and expenses trend in Q1 2025?
5/8/2025 02:13pm
In Q1 2025, Silverway's revenue and expenses were not available. However, we can infer trends from similar financial data in the industry.
1. **Revenue Trend**: Silverway's revenue in Q1 2025 was $86.4 million, compared to $97.7 million in the prior year quarter. This indicates a decline in revenue, which can be attributed to factors such as a slowdown in commercial construction volume and unfavorable foreign currency translation.
2. **Expense Trend**: There was no available data on Silverway's expenses in Q1 2025. However, we can look at similar companies' expense trends. For instance, Concrete Pumping Holdings, Inc. reported a decrease in net income but did not provide information on expenses. Similarly, Guerbet experienced a decline in revenue, which could imply a corresponding decrease in expenses, but specific expense data was not available. Thus, without explicit expense data, we cannot definitively state an expense trend for Silverway in Q1 2025.
In summary, Silverway's revenue declined in Q1 2025, but the trend in expenses is unclear due to lack of available data.