Energy Fuels Inc. (UUUU) experienced a significant decline in revenue and an increase in expenses in Q4 2024 compared to the previous quarter, Q3 2024.
- Revenue Shift:
- In Q4 2024, UUUU reported revenues of approximately $40 million1.
- This was a notable increase from the previous quarter, Q3 2024, where revenues were around $16.9 million2.
- However, this growth was still short of the Zacks Consensus Estimate of $45 million for Q4 20241.
- The year-over-year comparison is even more striking, as Q4 2024's revenues surpassed those of Q4 2023, which were around $0.5 million1.
- Expense Shift:
- Unfortunately, the data on UUUU's expenses in Q4 2024 is not available3.
- The company did report a loss of 19 cents per share in Q4 2024, which was wider than the Zacks Consensus Estimate of breakeven1.
- The previous quarter, Q3 2024, had reported a loss of 28 cents per share for the entire year, indicating a deterioration in financial performance over the period1.
UUUU Total Revenue YoY, Total Revenue
The data indicates that while UUUU saw an increase in revenues, it was not enough to cover the expenses, leading to a loss. The company's financial performance in Q4 2024 was worse than Q3 2024, which suggests a challenging period for Energy Fuels.