Quarterhill Inc T.QTRH

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

Technology Electronic Components

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.

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Quarterhill Inc > The Other Press Release Dated June 15, 2023

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Comment by cabbieJBJon Jun 20, 2023 1:50pm

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Post# 35505662

RE:RE:RE:RE:RE:RE:RE:The Other Press Release Dated June 15, 2023

True, ETC has to honor the contracts. Apparent underbidding or lack of understanding contract scope, in at least the two Colorado awards, appears to be the issue. Lewis cannot change that, but these two contracts will be complete in the next 6 to 9 months. ~$12M is annual cost savings have been identified so far; that will help with overall profitability until the ETC ship is corrected. But what he can impart is corporate cost and project management disciplines at ETC. Frankly, it appears that ETC has been operated in a country club fashion.

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