TSX: QTRH

1.68 Volume: 186,823 Change: -0.01 % Change: -0.59% August 23, 2017

NASD: QTRH

1.35 Volume: 50,616 Change: -0.01 % Change: -0.73% August 23, 2017

Latest News

Quarterhill Inc. ("Quarterhill" or the "Company") (TSX:QTRH) (NASDAQ:QTRH), announces its financial results for the three- and six-month periods ended June 30, 2017 . All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. Second Quarter Highlights Revenue of $18.6 million Adjusted EBITDA* of $4.8 million Net income of $3.6 million , or $0.03 per share Cash from operations of $3.1 million Announced a new acquisition-oriented growth strategy and changed the name of the public company to Quarterhill Acquired International Road Dynamics ("IRD"), a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems industry, on June 1, 2017 Acquired VIZIYA Corp ("VIZIYA"), a software and services provider that helps companies optimize their asset performance, on May 4, 2017 Completed the first tuck-in acquisition – iCOMS Detections S.A "Q2 was a significant period for ...
OTTAWA, Canada – July 26, 2017 – Quarterhill Inc. (“Quarterhill” or the “Company”) (TSX:QTRH) (NASDAQ:QTRH), will release its financial results for the second quarter ended June 30, 2017, on Thursday, August 10, 2017. The Company will host a conference call and audio webcast at 10:00 AM ET the same day. Webcast Information The live audio webcast will be available at: http://event.on24.com/wcc/r/1465983-1/476A2A33D8B4F83D6332197F41AF0594 Dial-in Information To access the call from Canada and U.S., dial 1.888.231.8191 (Toll Free) To access the call from other locations, dial 1.647.427.7450 (International) Replay Information A webcast replay will be available for 90 days at: http://event.on24.com/wcc/r/1465983-1/476A2A33D8B4F83D6332197F41AF0594 A telephone replay will be available from 1:00 PM ET on August 10, 2017 until 11:59 PM ET on August 17, 2017 at: 1.855.859.2056 (Toll Free) or 1.416.849.0833 (International). Conference ID #: 54032419 About Quarterhill Quarterhill is a diversified ...
Long-term contract bolsters recurring revenue stream OTTAWA, Canada – July 25, 2017 – Quarterhill Inc. (“Quarterhill”) (TSX:QTRH) (NASDAQ:QTRH), announces today that its wholly owned subsidiary, International Road Dynamics Inc. (“IRD”), has been awarded a new five-year contract valued at up to $5.0 million with the British Columbia Ministry of Transportation and Infrastructure for the continuation of maintenance and services for the Weigh2GoBC Program.  Under terms of the contract, IRD will provide ongoing maintenance and technical support services for a five-year period.  The contract also includes options for enhancements and upgrades and for the provision of Weigh2GoBC software, hardware, and implementation services to be deployed to additional sites to expand the system network.   “We are pleased to receive this long-term commitment for the Weigh2GoBC Program,” said Terry Bergan President and CEO of IRD.  “This contract adds to our recurring revenues and ...
iCOMS to be integrated into Quarterhill subsidiary, International Road Dynamics   OTTAWA, Canada – July 18, 2017 – Quarterhill Inc. (“Quarterhill”) (TSX: QTRH) (NASD: QTRH), announced today that it has completed the acquisition of all the issued and outstanding shares of iCOMS Detections S.A. (“iCOMS”) for cash of €1.0 million ( USD $1.1 million).  iCOMS is an Intelligent Transportation Systems company located in Brussels, Belgium and will be integrated into Quarterhill’s wholly-owned subsidiary, International Road Dynamics Inc. (“IRD”).   Founded in 1993, iCOMS specializes in the design and manufacture of radar microwave detectors and equipment. The company’s products and services are used to detect and count vehicles, bicycles and pedestrians in urban intersections, as speed measurement and warning systems, as traffic counting and data collection systems, and for intelligent lighting . An innovative new radar product, “I-COUNT”, has recently been developed to collect ...

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