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Quarterhill (QTRHF)
OTHER OTC:QTRHF
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -9.57%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several strategic initiatives and new contracts positioning the company for future growth, particularly in the Safety and Enforcement Unit and new tolling contracts. However, the quarter was significantly impacted by negative adjusted EBITDA due to two unprofitable contracts. Despite a decrease in revenue and gross margin, the company is optimistic about resolving these challenges and leveraging a growing project pipeline.Company Guidance
In the Q1 2025 financial results call, Quarterhill provided guidance on several key metrics, reflecting both challenges and progress. Revenue for the quarter was reported at $33.9 million, with an adjusted EBITDA of negative $3.4 million, primarily impacted by two legacy tolling contracts under renegotiation, which together represented $3.6 million in revenue but negatively affected adjusted EBITDA by $3.2 million. Excluding these contracts, the company would have been close to adjusted EBITDA breakeven. The contracted revenue backlog stood robustly at $476 million. The Safety and Enforcement Unit showed solid top-line growth and strong margins, while the tolling unit secured a significant $40 million contract with ACTC. The company also highlighted a $3.2 million dividend received from a 10% ownership stake in Wi-LAN, boosting its cash position. Looking forward, Quarterhill aims to drive revenue growth and margin improvement by focusing on completing contract renegotiations, executing on its sales pipeline, and advancing its technology initiatives, including a shift toward a more software-focused business model.Safety and Enforcement Unit Growth
The Safety and Enforcement Unit delivered solid top-line growth with strong margins. New contracts were signed in several states, and product innovation like the iTHEIA AI system generated significant interest.
Significant New Tolling Contract
Quarterhill announced a new tolling contract with ACTC valued at $40 million, with options to extend for an additional four years at $15 million.
Dividend from Wi-LAN
Quarterhill received a $3.2 million dividend from its 10% ownership stake in Wi-LAN, contributing positively to its cash position.
Strategic Board and Leadership Changes
New leadership added to both the management and board levels, including Asha Daniere and Stephen Smith, to enhance growth opportunities.
Growing Pipeline and Opportunities
Quarterhill's pipeline for new projects is around $2 billion, with $278 million weighted high probability in tolling and $250 million in enforcement.
Strong Performance in IOD
The IOD business grew approximately 28% year-over-year in Q1, contributing to overall business strength.
QTRHF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QTRHF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $1.15 | $1.07 | -6.96% |
Mar 17, 2025 | $1.05 | $1.10 | +4.76% |
Nov 08, 2024 | $1.23 | $1.15 | -6.50% |
Aug 09, 2024 | $1.20 | $1.18 | -1.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quarterhill (QTRHF) report earnings?
Quarterhill (QTRHF) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Quarterhill (QTRHF) earnings time?
Quarterhill (QTRHF) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QTRHF EPS forecast?
QTRHF EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.