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Quarterhill (QTRHF)
OTHER OTC:QTRHF
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
0Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: -2.86%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call indicates a positive outlook for Quarterhill, with significant revenue growth, improved cash flow, and strategic initiatives showing progress. However, challenges with legacy tolling contracts and a decrease in gross margin slightly dampen the overall outlook. The sentiment remains positive due to the strong highlights outweighing the lowlights.Company Guidance
In the Quarterhill Q4 and Fiscal 2024 Financial Results Conference Call, CEO Chuck Myers and Interim CFO Morgan Demkey provided guidance for the company's future. They highlighted a 6.5% revenue growth for the year and a positive adjusted EBITDA of $0.2 million, with $1.2 million generated in Q4. The company achieved $6.5 million in positive cash from operations in Q4, marking significant progress in reversing historical cash flow challenges. The cash balance increased to $31.9 million from $23.1 million in Q3, and the contracted revenue backlog stood at $495 million. The company plans to drive organic growth and expand adjusted EBITDA margins in 2025, despite Q1 being a seasonally slower quarter. The focus will continue on improving cash flow, resolving legacy contract issues, and exploring M&A opportunities.Revenue Growth
For the full year, revenue grew by 6.5% and the company generated positive adjusted EBITDA of $0.2 million, including $1.2 million in Q4.
Positive Cash Flow
Achieved $6.5 million of positive cash from operations in Q4, with cash on the balance sheet growing to $31.9 million at the end of the year, up from $23.1 million at the end of Q3.
Contracted Revenue Backlog
The contracted revenue backlog stood at $495 million at the year's end, providing good visibility into future revenue.
Strategic Initiatives and Acquisitions
Focus on growing core business units, expansion in Europe, and the acquisition of Red Fox, enhancing capabilities in the tolling space.
International Expansion
Secured new contracts in multiple US states and internationally in Thailand and South Korea, with a growing adoption of AI vehicle classification systems.
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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
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QTRHF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 13, 2024 | $1.20 | $1.21 | +0.83% |
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.
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FAQ
When does Quarterhill (QTRHF) report earnings?
Quarterhill (QTRHF) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Quarterhill (QTRHF) earnings time?
Quarterhill (QTRHF) earnings time is at May 08, 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 (Q1) is -0.02.
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