Bullboard - Stock Discussion Forum 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... see more

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TSX:QTRH - Post Discussion

Quarterhill Inc > Iteris Q3, ending Dec/22

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Post by cabbieJBJ on Feb 02, 2023 5:02pm

Iteris Q3, ending Dec/22

Iteris Reports Record Fiscal 2023 Third Quarter Total Revenue of $40.7 Million, Up 27% Year Over Year, and Record Total Ending Backlog of $112.2 Million, up 22% Year Over Year

https://www.businesswire.com/news/home/20230202005289/en/

This is a QTRH comparable. EBITDA for Q3 -$413,000; 9 months -$8,036,000. Share count 42.6M

Stock +6.2% today

I think QTRH can show better with its Q4 results

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Comment by barneyj44 on Feb 02, 2023 5:55pm

Excellent , Cabbie, thank you for all you do on the Quarterhill blog...

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Comment by IPGutcsi on Feb 03, 2023 9:54am

Agreed! Thanks for the info Cabbie!

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Comment by cabbieJBJ on Feb 03, 2023 10:43am

ITI up an additional ~6% today. I like the way Iteris lays out the financials in their press release. Some important metrics that read on QTRH's ETC/IRD operation: Cost of goods was 70% for the product portion of the business, which is a comparable to ETC/IRD; therefore, margin = 30%. Traditionally, Iteris product margin is in the 40% range. Applying management's Q4 EBITDA ...more

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