Why has QTRH bounced (and why it goes higher)You won't see many $270 million cap companies with $140 million cash in the bank and executing and perfroming this strong in Q3 2020: - Q3 2020 Consolidated Revenue expected to be in the range of $80 to $87 Million
- Q3 2020 Consolidated Adjusted EBITDA expected to be in the range of $32 to $36 Million
- Complete consolidated financial results for the three- and nine-month periods ended September 30, 2020 to be released pre-market on November 5, 2020
https://stockhouse.com/news/press-releases/2020/10/08/quarterhill-announces-preliminary-q3-2020-consolidated-financial-results
Insane profit margins for the quarter. The analyst projecing $4+ seems completely realistic based on the current financial metrics and performance.