Welcome to our dedicated page for Quarterhill news (Ticker: QTRHF), a resource for investors and traders seeking the latest updates and insights on Quarterhill stock.
Quarterhill Inc. reports developments tied to intelligent transportation system solutions for public transportation agencies. Its updates commonly cover Weigh-in-Motion and Virtual Weigh-in-Motion deployments, traffic monitoring systems, commercial vehicle screening, automated enforcement, tolling technologies, AI-enabled sensing, and data platforms used for roadway safety, freight mobility, infrastructure protection, and transportation planning.
Quarterhill news also includes contract awards and agency partnerships across North America, including work supported by its International Road Dynamics subsidiary, as well as product demonstrations and financial results. Recurring disclosures emphasize software and recurring-revenue expansion, safety and enforcement activity, backlog and project execution, and the company’s positioning as a technology provider in the ITS market.
Quarterhill (OTCQX:QTRHF) entered a new USD $60 million senior secured credit facility with U.S. Private Credit Investments. The package includes a $30M initial term loan, $25M delayed draw term loan, and $5M revolver, maturing May 12, 2031.
The company also arranged a $100M uncommitted accordion to fund inorganic growth. Proceeds will repay existing credit, redeem convertible debentures, cover transaction costs, and support working capital. The USD-denominated structure is intended to reduce FX exposure and enhance balance sheet flexibility.
Quarterhill (OTCQX: QTRHF) will host a conference call to discuss its first quarter 2026 financial results on Thursday, May 14, 2026 at 8:30 a.m. ET. A press release with results will be issued prior to the call. Webcast, dial-in, rapid-connect registration, and replay details are provided.
Quarterhill (OTCQX: QTRHF) expanded its partnership with the Indiana Department of Transportation via two Quantity Purchase Award agreements with a combined estimated value of $13 million. The four-year framework runs from May 1, 2026 through April 30, 2030 and covers WIM, VWIM, installation, maintenance, calibration, and system repairs statewide. The agreements also provide INDOT access to Quarterhill's ITHEIA AI video classification for non-invasive vehicle classification and enhanced data integration across deployments.
Quarterhill (OTCQX: QTRHF) won three project awards from Caltrans totaling approximately $2.4 million to deploy commercial vehicle e-screening and weigh-in-motion (WIM) systems across California freight corridors.
Projects include Desert Hills e-screening (Riverside County), I-10 WIM installation beginning in late 2026 with a six-year warranty (San Bernardino County), and Route 805 WIM expansion (San Diego County). The work aims to improve enforcement efficiency, freight mobility, and infrastructure planning data.
Quarterhill (OTCQX: QTRHF) announced a multi-year contract with the New Jersey Department of Transportation to maintain and modernize statewide traffic-monitoring systems.
Services include maintenance, inspection, repair, calibration, installation oversight for approximately 95 WIM sites and 50 TVS sites, supporting traffic data, freight mobility, safety initiatives, and federal reporting.
Quarterhill (OTRHF) reported Q4 2025 revenue of $38.5M and full-year revenue of $155.2M, with Q4 Adjusted EBITDA of $4.4M and backlog of $404.3M. Gross margin expanded to 31% in Q4, while net loss was $34.5M for the quarter and $54.4M for 2025.
The results reflect restructuring, a $31.4M goodwill impairment, improved margins from tolling and safety units, and growing contract awards across U.S. and international ITS projects.
Quarterhill (OTCQX: QTRHF) will host a conference call on Monday, March 23, 2026 at 10:00 a.m. ET to discuss fourth quarter and full year 2025 financial results.
Live and replay audio webcasts are available, dial‑in numbers are provided for U.S./Canada and international callers, and a telephone replay is available through March 30, 2026 (Passcode: 02047).
Quarterhill (OTCQX:QTRHF) will exhibit integrated commercial vehicle enforcement, tolling, and roadway intelligence technologies at Intertraffic Amsterdam 2026, March 10-13 at RAI Amsterdam, stand 01.116. The company will demo VWS 2.0, Direct Enforcement, SensorLine, RedFox, Icoms analytics, and an AI-enabled tolling back office.
Quarterhill says these solutions enable real-time violation identification, non-intrusive vehicle screening, fiber-optic axle detection, and cloud analytics to help agencies modernize enforcement, protect infrastructure, and streamline toll customer service.
Quarterhill (OTCQX: QTRHF) won an approximately $6.4 million contract to expand Massachusetts Department of Transportation's Weigh-in-Motion program, overseeing installation of 15 WIM stations and deploying WIM and commercial vehicle compliance software across major interstates and state highways.
The scope covers sensors, vehicle identification, tire anomaly monitoring, system integration, calibration, testing, training, and ongoing operations and maintenance, delivered through partner Coviello Electric and designed to boost safety, enforcement and freight data visibility.
Quarterhill (OTCQX: QTRHF) announced a three-year contract extension with the Illinois Tollway valued at approximately $10.7 million, covering Jan 31, 2026 through Jan 30, 2029. The deal continues support for legacy back-office and roadside transactional systems that enable daily toll collection and system reliability.
The work includes operational support and system enhancements to maintain uninterrupted toll collection, integration with multi-partner back-office solutions, and continued collaboration on Toll Revenue Management and Maintenance Program activities.