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Quarterhill Inc T.QTRH

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

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.


TSX:QTRH - Post by User

Post by cabbieJBJon Mar 04, 2024 11:21am
405 Views
Post# 35913333

Some interesting dots...

Some interesting dots...As we know, QTRH hired David Sparks ad EVP, Strategy in early December. 

Prior to joining QTRH, he was Senior VP and WSP-USA.  

In early 2022, QTRH sub-contracted to WSP-USA on on the Orange County 405 Express Lanes project.  The sub-contract was valued at USD $49M 

WSP Global released its Q4/F23 results last week.  This comment from the CEO, Alexandre L’Heureux,  caught my attention:

L'Heureux said organic revenue growth in the mid-to-high single digits at the company's Canadian and U.S. operations would fuel the overall rise, as the company continues to seize on the spending unleashed by the U.S. government’s US$1.2-trillion Infrastructure Investment and Jobs Act passed in November 2021.

"We continue to see positive momentum stemming from the bipartisan infrastructure bill," L'Heureux told analysts on a conference call.
 

"The biggest opportunities for this bill and other stimulus programs globally are in roads, bridges and major transportation projects" — a segment that saw a big spike in organic revenue last year. 
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