Quarterhill Inc. (QTRH) Misses Q2 EPS by 5c, Revenues Miss

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Quarterhill Announces Second Quarter 2018 Financial Results

August 9, 2018 6:30 AM EDT

OTTAWA, Aug. 9, 2018 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (NASDAQ: QTRH), announces its financial results for the three- and six-month periods ended June 30, 2018. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Second Quarter 2018 Highlights

Revenue of $20.4 million Recurring revenues of $6.8 million, representing 34% of total revenue Adjusted EBITDA* of ($4.0) million Net loss of ($7.9) million, or ($0.07) per common share Cash and equivalents were $73.1 million... More