Quarterhill Inc T.QTRH

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

Technology Communication Equipment

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.

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Quarterhill Inc > Too funny Ird news always make the share price

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Comment by v_guerrieroon Jul 25, 2022 3:23pm

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Post# 34849081

RE:Too funny Ird news always make the share price

News releases like this don't give any perspective if this is going to enable them to achieve 50% ITS earnings growth to justify the $2.50 end of 2023 price target that Cannacord set.

My calculation is that they will show YoY decline in ITS. This is a good contract, but they need to show much more to show 50% earnings growth.

I wouldn't touch this until this quarter's earnings and you can see how dramatic the revenue slowdown is and that the ITS margins likely turned NEGATIVE. This will shock everyone.

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