Quarterhill GAAP EPS of -$0.07, revenue of $33.89M

1 month ago 4

Quarterhill press release (OTCQX:QTRHF): Q1 GAAP EPS of -$0.07.
Revenue of $33.89M (-2.9% Y/Y).
The decrease in Q1 2025 revenue was due primarily to the timing of revenues received from certain tolling contracts, and offset, in part, by revenue growth from the enforcement operations. The two tolling contracts that are being renegotiated contributed $3.6 million to revenue in Q1 2025.
Revenue backlog was $476 million at March 31, 2025.

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