Sterling's revenue and expenses for Q4 2024 are as follows1:
- Revenue Trend: Sterling's revenue for Q4 2024 was $2.12 billion, which is a significant increase from the previous quarter's revenue of $1.62 billion in Q3 20242. This indicates a strong revenue growth period for the company.
- Expense Trend: The company's total expenses for Q4 2024 are not provided. However, considering the trend in revenue, one might assume that the expenses could also have increased due to the higher revenue. It's important to note that without specific expense data, a direct comparison cannot be made for expenses between Q4 2024 and previous quarters.
- Quarterly Comparison: When comparing Q4 2024 to the immediate previous quarter (Q3 2024), revenue increased by approximately $0.5 billion, which is a substantial growth. This suggests that the factors contributing to revenue growth were particularly strong in Q4 2024.
- Historical Context: If we compare Q4 2024's revenue to the previous quarter's revenue (Q3 2024), we can see that there is a seasonal or business cycle-related increase in revenue, as the revenue figures show a progressive increase from $440.36 million in Q1 2024, to $1.02 billion in Q2 2024, and then to $1.62 billion in Q3 2024, before reaching $2.12 billion in Q4 202434.
In conclusion, Sterling's revenue showed a robust upward trend in Q4 2024, building upon the growth observed in previous quarters, indicating a strong financial performance for that period.
5/7/2025 10:19am
