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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

Post by cabbieJBJon Mar 04, 2024 11:21am
367 Views
Post# 35913333

Some interesting dots...

Some interesting dots...As we know, QTRH hired David Sparks ad EVP, Strategy in early December. 

Prior to joining QTRH, he was Senior VP and WSP-USA.  

In early 2022, QTRH sub-contracted to WSP-USA on on the Orange County 405 Express Lanes project.  The sub-contract was valued at USD $49M 

WSP Global released its Q4/F23 results last week.  This comment from the CEO, Alexandre L’Heureux,  caught my attention:

L'Heureux said organic revenue growth in the mid-to-high single digits at the company's Canadian and U.S. operations would fuel the overall rise, as the company continues to seize on the spending unleashed by the U.S. government’s US$1.2-trillion Infrastructure Investment and Jobs Act passed in November 2021.

"We continue to see positive momentum stemming from the bipartisan infrastructure bill," L'Heureux told analysts on a conference call.
 

"The biggest opportunities for this bill and other stimulus programs globally are in roads, bridges and major transportation projects" — a segment that saw a big spike in organic revenue last year. 
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