Quarterhill Announces Third Quarter 2019 Financial Results
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Quarterhill Inc. (QTRH) Tops Q3 EPS by 10c, Revenues Beat
November 7, 2019 6:36 AM ESTQuarterhill Inc. (NASDAQ: QTRH) reported Q3 EPS of $0.08, $0.10 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $25.4 million versus the consensus estimate of $24.26 million.
Third Quarter 2019 Highlights
Revenues of $25.4 million, compared to $19.6 million in Q3 last yearRecurring revenues of $4.7 million, compared to $6.3 million in Q3 last yearAdjusted EBITDA* of $2.0 million, compared to ($2.5) million in Q3 last yearNet income of $9.3 million, or $0.08 per basic and diluted common share, compared to net... More