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

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Post by barneyj44on Feb 21, 2024 9:20pm

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Should be a stronger quarter: From Q3 results

Revenue and Adjusted EBITDA growth in Q3 reflected progress at both our tolling and enforcement businesses as well as the positive impact from the integration actions we have made this year," said Chuck Myers, CEO of Quarterhill. "Of note in the quarter, certain revenue from two of our tolling projects was pushed from Q3 into subsequent periods due to scheduling adjustments in the quarter. This is expected to result in a stronger Q4 and finish to the year."

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