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Quarterhill ( (TSE:QTRH) ) just unveiled an update.
Quarterhill Inc. announced the departure of its Chief Financial Officer, Kyle Chriest, as he pursues other employment opportunities. The company has appointed Morgan Demkey as Interim CFO while they search for a replacement. Despite the transition, Quarterhill maintains confidence in its strategic direction and financial health, emphasizing a significant transformation in 2024 that included integrating businesses, divesting non-core assets, and enhancing technical capabilities. The company is poised for growth and margin expansion in 2025 and beyond.
More about Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions within the Intelligent Transportation System (ITS) industry. The company aims for technology-driven global leadership in ITS through organic growth and an acquisition-oriented investment strategy, targeting growth opportunities within ITS and adjacent markets. Quarterhill is publicly traded on the TSX and OTCQX Best Market.
YTD Price Performance: 1.75%
Average Trading Volume: 17,335
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $137.1M
See more data about QTRH stock on TipRanks’ Stock Analysis page.
