Why did TAVI's Q1 2024 operating profit turn negative?
5/9/2025 11:34am
The negative operating profit for TAVI in Q1 2024 can be attributed to **Increased Expenses** and **Decreased Revenue**.
Expenses increased by $40541, which is a significant amount that can negatively impact the operating profit. This increase in expenses could be due to various factors such as higher operational costs, increased marketing expenses, or higher employee salaries. On the other hand, revenue decreased, which means that the company generated less income from its operations. This could be due to a decrease in sales, a decrease in the average selling price of its products, or a combination of both. The combination of increased expenses and decreased revenue resulted in a negative operating profit for TAVI in Q1 2024.