Bullboard - Stock Discussion Forum 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... see more

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TSX:QTRH - Post Discussion

Quarterhill Inc > Large revenue jump in Q4

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Post by mlmack66 on Mar 15, 2024 6:52am

Large revenue jump in Q4

And a nice tuck in acquisition to boot. 2024 should be a great year for QTRH.

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Comment by Possibleidiot01 on Mar 15, 2024 7:09am

Still a work in progress but put the highlight on PROGRESS. Gross profit for the three and twelve months ended December 31, 2023, was $11.5 million and $40.6 million, or 19.7% and 20.9%, as compared to $10.2 million and $37.8 million, or 25.3% and 23.7% in the prior year comparative periods, respectively. The decrease in gross profit margin percentage compared to the prior year periods is ...more

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Comment by cabbieJBJ on Mar 15, 2024 9:24am

Possibleidiot, I agree with your obsevations and take. Margin was the only soft spot. Hopefully the analysts on the call will dig into this. If not, I will certainly be raising it with QTRH.

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