Quarterhill Inc. (QTRH) Tops Q1 EPS by 2c, Revenues Beat
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Quarterhill Announces First Quarter 2019 Financial Results
May 9, 2019 6:30 AM EDTAdjusted EBITDA of $12.5 million driven by strong revenue growth and lower cost base
KITCHENER, ON, May 9, 2019 /PRNewswire/ -Â Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (NASDAQ: QTRH), announces its financial results for the three-month period ended March 31, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
First Quarter 2019 Highlights
Revenues of $39.8 million, which is above the estimated range of $33.0-$36.0 million provided previously Recurring revenues of $5.6 million... More