- Q1 2022 Consolidated Revenue estimated to be in the range of $165 - $175 million
- Q1 2022 Consolidated Adjusted EBITDA estimated to be in the range of $77 - $82 million
TORONTO , April 7, 2022 /CNW/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF), today announces an update on select preliminary consolidated financial results estimated for the three-month period ended March 31, 2022 ("Q1 2022"). All financial information in this press release is unaudited and is reported in Canadian dollars, unless otherwise indicated.
Driven by the anticipation of strong results from its operating subsidiaries, Quarterhill estimates its consolidated revenue for Q1 2022 to be in the range of $165 - $175 million and its consolidated Adjusted EBITDA to be in the range of $77 - $82 million .
Quarterhill will report its Q1 2022 financial results in early May 2022 , with further details regarding its timing being made available closer to the release date.