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Quarterhill ( (TSE:QTRH) ) has issued an update.
Quarterhill Inc. reported its financial results for Q4 and fiscal year 2024, showing a slight decrease in quarterly revenue but an overall increase for the year, attributed to strong performance in enforcement and tolling operations. The company made significant progress in its turnaround strategy, enhancing its financial foundation, operational efficiency, and technology, positioning itself for future growth and expansion.
More about Quarterhill
Quarterhill Inc. is a prominent player in the Intelligent Transportation System (ITS) industry, specializing in tolling and enforcement solutions. The company is focused on becoming a leading entity in its market by leveraging its operational assets and technological advancements.
YTD Price Performance: -7.89%
Average Trading Volume: 10,402
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $120.8M
See more insights into QTRH stock on TipRanks’ Stock Analysis page.