Why did Centurion-U's operating expenses surge in Q3 2024?
5/9/2025 11:23am
Centurion-U's operating expenses surged in Q3 2024 due to several factors:
1. **Increased Amortization of Intangibles and Integration Expenses**: These expenses increased significantly, primarily due to the impact of amortization of intangibles and integration costs related to acquisitions.
2. **Strategic Investments and Growth Initiatives**: The company has been investing in new product launches and expanding its operations, which can lead to higher operating expenses as it ramps up its infrastructure and workforce to support growth.
In summary, the surge in operating expenses is a result of both strategic investments and the accounting impacts of acquisitions.