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Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Bullboard Posts
Post by gormlesson Aug 09, 2013 8:37am
301 Views
Post# 21658772

Q2, October, etc.

Q2, October, etc.Re immediate prospects:  yes, no doubt all the parties are looking at recent court outcomes, reading tea leaves, adjusting strategies, etc.  Ultimately, if they are on the same page re strength of the claims in October, there is a basis for settling in advance.  Unpredictability of juries is a gamble for all, so not compelling for defendants either to use going to trial as a strategy.

Re Q2:  market is underwhelmed, but strong top-line growth has to be very positive for WIN longterm.  Litigation costs are short-term cyclical, but revenue is more stable due to multi-year settlements.  So, Win should go to profitabiliity very quickly as current ligitgation cycle eases off (but not in next quarter, it seems).  And, as the guidance says, future settlements are not reflected in this picture.

Bottom line:  if you like the co., no reason not to keep liking it at this point.  Definitely no reason to sell when Mr. Market is in a funk about it.  If you don't like it, then you should already be out. 

Gormless
Bullboard Posts