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Quarterhill reports Q4 results

Mar. 15, 2024 6:33 AM ETQuarterhill Inc. (QTRHF) Stock, QTRH:CA StockBy: Deepa Sarvaiya, SA News Editor
  • Quarterhill press release (OTCQX:QTRHF): Q4 EPS of -$0.14
  • Revenue was $58.5 million, up 46% compared to $40.1 million in Q4 2022.
  • The increase in revenue was due to increased activity and improved performance in North American project revenue and growth in both the enforcement and tolling business units.
  • Revenue backlog was more than USD$520 million at December 31, 2023.

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