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Carrier Global Reports $48 Million Quarterly Loss
By USinMinutes - Feb 11, 2025, 06:58 AM ET
Last Updated - Feb 11, 2025, 06:58 AM EST
The company records $5.1 billion revenue for Q4 ended Dec 31, 2024
CARRIER GLOBAL Corp [CARR] reported $48 million loss for Q4 ended Dec 31, 2024, showing a decrease of $465 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 11, 2025 that it generated revenue of $5.1 billion for the period, showing an increase of $832 million in the same quarter of the previous year.
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Based in Palm Beach Gardens, Florida, the company reported $0.1 earnings per share for the period, compared to $0.5 in the last quarter.
The company's loss decreased by 111.53% from $417 million in the last quarter.
The revenue increased 19.28% from $4.3 billion in the same quarter of the previous year.
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