Quarterhill Inc. (QTRH) Tops Q3 EPS by 10c, Revenues Beat

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Quarterhill Announces Third Quarter 2019 Financial Results

November 7, 2019 6:30 AM EST

Q3 Revenue of $25.4 million and Adjusted EBITDA of $2.0 million; cash balance at quarter-end was $72.1 million

KITCHENER, ON, Nov. 7, 2019 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (NASDAQ: QTRH), announces its financial results for the three- and nine-month periods ended September 30, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Third Quarter 2019 Highlights

Revenues of $25.4 million, compared to $19.6 million in Q3 last year Recurring... More