Quarterhill Inc T.QTRH

whoops... $82 mio EBITDA in Q1..

[Joske]

Quarterhill Announces Preliminary Q1 2022 Consolidated Financial Results

Canada NewsWire

• 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.

[Joske]

Just to put the Q1 2022 numbers in persepctive: FY2021 revenue was $125mio and $5mio EBITDA Q12022 revenue is $ 175mio and $82mio EBITDA Based on past preliminary annoucements of the financial results, the acutal Q1 2022 numbers will normally beat the high end of the range..

[Capharnaum]

From a quick calculation, that would mean net income of $50-55M for Q1, if there are no other special costs. Likely over $75M in cash since they would pay income taxes later only.

[v_guerriero]

Now someone knows how to do math on this board!  This is $50M net cash in the bank to shareholders, including ITS contribution for the quarter.  McKool and Trudeau took too much.   Way below all analyst estimates!!!

[Tcad123]

Hey. Charm7 - vg. How are your shorts going to do tomorrow. Good luck.

[cabbieJBJ]

You best get in touch with your buddy Charmin and see if he has a spare roll for you.  This pegs the Apple license at ~$125M.  McKool gets 30%.  ITS is a small profit.  The numbers fit like a glove.

[v_guerriero]

All analysts expected 0.70+/ share cash from the settlement except Raymond James.  RayJay was spot on at 0.41/share. Cannacord has a $2.75 target with 80M cash infusion.  Based on this, they have to cut the target to 2.50.

[blackspade799]

If you listened to Charm7 or the Shimps you would not be sitting on dead paper, your a sad bag holder. I can not belive you are still posting on this board you are pathetic.

[Scott64]

Which is more pathetic Charm, someone posting here that owns the stock or someone that doesn't and says the stock is dead and a waste of time yet still trolls the boards?

[redcoats]

Not too shabby at all, as well as a signed license. Just so sweet! If I was on Twitter, I'd Tweet!