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Quarterhill Inc. focuses on the acquisition and management of technology companies that provide products and services globally. Their technology licensing segment includes patents related to various technologies such as 3D television, semiconductor manufacturing, medical stent, LED lighting, and more. The company's intelligent systems segment offers integrated systems and solutions for automated truck weigh stations, toll road systems, traffic management, and vehicle information systems. Quarterhill aims for global leadership in the Intelligent Transportation System industry through organic growth and strategic acquisitions.
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Quarterhill Inc. announces strong financial results for Q4 2023, with revenue up 46% to $58.5 million and adjusted EBITDA at $3.2 million. Fiscal 2023 revenue increased by 22% to $194.3 million. The company appointed new leadership and sold Wi-LAN Inc. to focus on ITS solutions. Quarterhill also plans to acquire Red Fox I.D. , a provider of AVDC software.
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Quarterhill Inc. announces participation in the 36th Annual ROTH Conference by CEO Chuck Myers and Interim CFO Kyle Chriest. The event will take place from March 17-19, 2024, at the Ritz Carlton Laguna Niguel in Dana Point, California.
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Quarterhill's subsidiary IRD secures a $5.3 million contract to install Weigh-In-Motion technology at 28 sites across Tennessee, enhancing highway safety and efficiency.
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Quarterhill Inc. to Release Financial Results for Q4 2023 on March 15, 2024
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Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) subsidiary, Electronic Transaction Consultants, launches E-ZPass Interoperability Hub, enabling seamless tolling experience for customers and supporting future integrated mobility initiatives.
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Quarterhill Inc. (QTRH) reports Q3 Fiscal 2023 Highlights with revenue at $45.7 million, adjusted EBITDA at $1.9 million, and a revenue backlog of over USD$500.0 million. The company also appointed Charles Myers as CEO and announced significant contracts with ETC and IRD. Quarterly results reflect growth in tolling and enforcement businesses, with anticipated stronger Q4 performance. The CEO emphasizes the company's focus on ITS franchises and growth trends in the industry.
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International Road Dynamics Inc. (IRD), a subsidiary of Quarterhill Inc., has been awarded a $4.1 million contract by the North Carolina Department of Transportation (NCDOT) to maintain and service commercial motor vehicle enforcement technology at 18 locations throughout the state. The contract consolidates and expands the maintenance activities for all active systems in North Carolina into a single statewide agreement, optimizing the performance of NCDOT's Weigh-in-Motion (WIM) network and enhancing enforcement of state and federal laws.
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Quarterhill Inc. will release its financial results for the three- and nine-month periods ended September 30, 2023, on November 8, 2023. A conference call and audio webcast will be hosted by the CEO and Interim CFO at 10:00 a.m. ET the same day.
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International Road Dynamics (IRD), a subsidiary of Quarterhill Inc., has been awarded a $2.8 million contract by the California Department of Transportation (Caltrans) to supply and install a high-speed Weigh-In-Motion (WIM) pre-clearance system and a Ramp E-screening system at the Cajon weigh station. The E-screening system will target overweight and unsafe vehicles, enhancing enforcement efficiency and highway safety. IRD's Tire Anomaly and Classification System (TACS) will be used to identify unsafe tires.
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ETC launches new toll collection system on State Highway 71 in Austin, Texas
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FAQ
What is the current stock price of QUARTERHILL (QTRHF)?
The current stock price of QUARTERHILL (QTRHF) is $1.13 as of December 20, 2024.
What is the market cap of QUARTERHILL (QTRHF)?
The market cap of QUARTERHILL (QTRHF) is approximately 133.3M.
What does Quarterhill Inc. specialize in?
Quarterhill Inc. specializes in the acquisition and management of technology companies that provide products and services globally.
What are the segments of Quarterhill Inc.'s technology licensing business?
The segments include patents related to 3D television, semiconductor manufacturing, medical stent, LED lighting, and more.
What solutions are offered by Quarterhill Inc.'s intelligent systems segment?
Quarterhill Inc.'s intelligent systems segment provides integrated systems and solutions for automated truck weigh stations, toll road systems, traffic management, and vehicle information systems.
What is Quarterhill Inc.'s goal?
Quarterhill Inc. aims for technology-driven global leadership in the Intelligent Transportation System industry through organic growth and acquisitions.
QUARTERHILL INC
OTC:QTRHF
QTRHF Rankings
QTRHF Stock Data
133.27M
110.91M
1.72%
2.55%
0.06%
Communication Equipment
Technology
United States of America
Toronto