Customer RelationshipsManagement noted that the expansion of existing customer relationships benefited Gexpro Services’ growth.
Revenue PerformanceQ4/24 revenue increased 18.6% YOY to $480.5 million, which exceeded estimates and consensus.
Segment PerformanceThe Gexpro Services segment was the standout performer in Q4/24, with revenue increasing 28.9% YOY, driven by demand recovery in technology and renewable energy markets.