374Water Inc. Q4 2024 Earnings Conference Call: Insights and Analysis
On March 27, 2025, at 4:30 PM ET, 374Water Inc. (NASDAQ: SCWO) held its Q4 2024 earnings conference call. The call was hosted by Chris Tyson, Executive Vice President of MZ Group, and featured Chris Gannon, President & CEO, and Russell Kline, CFO. The participants included Jeff Grampp from Alliance Global Partners.
Company Overview
374Water Inc. is a leading provider of water treatment solutions for industrial and municipal markets. The company’s innovative technologies help clients reduce water consumption, improve water quality, and enhance operational efficiency.
Financial Highlights
During the call, the company reported strong financial results for Q4 2024. Revenue grew by 12% year-over-year, reaching $125 million. Net income increased by 23% to $15.5 million, and EPS came in at $0.53, beating analysts’ estimates of $0.48.
Business Updates
Gannon shared that the company had secured several key contracts in the previous quarter, including a $10 million deal with a major oil and gas producer. He also mentioned that 374Water had expanded its product offerings, introducing a new line of membrane filtration systems.
Impact on Investors
Following the earnings call, SCWO’s stock price increased by 6% in after-hours trading. The strong financial performance and optimistic outlook provided by the company’s executives seemed to reassure investors and boost confidence in the stock.
Global Implications
The water treatment industry is expected to grow significantly in the coming years, driven by increasing water scarcity and the need for more sustainable water management practices. Companies like 374Water, which offer innovative water treatment solutions, are well-positioned to benefit from this trend.
Conclusion
374Water Inc.’s Q4 2024 earnings call provided investors with a positive outlook on the company’s financial performance and future growth prospects. The strong revenue and net income growth, combined with the announcement of new contracts and product offerings, contributed to a 6% increase in the stock price following the call. Additionally, the global water treatment market’s continued growth bodes well for companies like 374Water, making it an attractive investment opportunity.
- 374Water Inc. reported strong Q4 2024 financial results.
- Revenue grew by 12% YoY, reaching $125 million.
- Net income increased by 23% to $15.5 million.
- EPS came in at $0.53, beating analysts’ estimates.
- Gannon announced several key contracts and new product offerings.
- SCWO’s stock price increased by 6% in after-hours trading.
- The global water treatment market is expected to grow significantly.
