Waterford Regional Group (WTRG) demonstrated a seasonal fluctuation in its revenue and expenses, with a notable increase in revenue in Q4 2024 compared to the previous quarter.
- Revenue Trend:
- Q4 2024: WTRG's total revenue was $604.38 million1.
- Q3 2024: The revenue was $435.26 million2.
- Q2 2024: Revenue stood at $434.41 million3.
- Q1 2024: The highest revenue was recorded at $612.07 million4.
- Comparison with Previous Quarters:
- WTRG's revenue decreased from Q1 2024 to Q2 2024, which can be attributed to seasonal factors or operational adjustments.
- Notably, there was a significant increase in revenue from Q3 2024 to Q4 2024, indicating a strong performance in the final quarter of the year.
- Expenses:
- Specific figures for total expenses are not provided for Q4 2024, Q2 2024, and Q3 2024.
- However, the fact that the revenue in Q4 2024 is higher than in Q3 2024 suggests that despite any expenses, the overall financial performance improved in the fourth quarter.
- Conclusion:
- WTRG's revenue showed a seasonal dip in the first half of 2024 but experienced a robust recovery and increase in the final quarter, potentially due to seasonal factors or strategic initiatives implemented in response to previous operational adjustments.
The data indicates that WTRG's performance in Q4 2024 was strong, contributing to a possible turnaround from the previous quarter's lower revenue.