The earnings call highlighted several strategic initiatives and new contracts positioning the company for future growth, particularly in the Safety and Enforcement Unit and new tolling contracts. However, the quarter was significantly impacted by negative adjusted EBITDA due to two unprofitable contracts. Despite a decrease in revenue and gross margin, the company is optimistic about resolving these challenges and leveraging a growing project pipeline.

Company Guidance -

Q2 2025

In the Q1 2025 financial results call, Quarterhill provided guidance on several key metrics, reflecting both challenges and progress. Revenue for the quarter was reported at $33.9 million, with an adjusted EBITDA of negative $3.4 million, primarily impacted by two legacy tolling contracts under renegotiation, which together represented $3.6 million in revenue but negatively affected adjusted EBITDA by $3.2 million. Excluding these contracts, the company would have been close to adjusted EBITDA breakeven. The contracted revenue backlog stood robustly at $476 million. The Safety and Enforcement Unit showed solid top-line growth and strong margins, while the tolling unit secured a significant $40 million contract with ACTC. The company also highlighted a $3.2 million dividend received from a 10% ownership stake in Wi-LAN, boosting its cash position. Looking forward, Quarterhill aims to drive revenue growth and margin improvement by focusing on completing contract renegotiations, executing on its sales pipeline, and advancing its technology initiatives, including a shift toward a more software-focused business model.

Safety and Enforcement Unit Growth

The Safety and Enforcement Unit delivered solid top-line growth with strong margins. New contracts were signed in several states, and product innovation like the iTHEIA AI system generated significant interest.

Significant New Tolling Contract

Quarterhill announced a new tolling contract with ACTC valued at $40 million, with options to extend for an additional four years at $15 million.

Dividend from Wi-LAN

Quarterhill received a $3.2 million dividend from its 10% ownership stake in Wi-LAN, contributing positively to its cash position.

Strategic Board and Leadership Changes

New leadership added to both the management and board levels, including Asha Daniere and Stephen Smith, to enhance growth opportunities.

Growing Pipeline and Opportunities

Quarterhill's pipeline for new projects is around $2 billion, with $278 million weighted high probability in tolling and $250 million in enforcement.

Strong Performance in IOD

The IOD business grew approximately 28% year-over-year in Q1, contributing to overall business strength.

Quarterhill (TSE:QTRH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:QTRH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2025	2025 (Q2)	-0.04 / -	0.028	―	―	―
May 15, 2025	2025 (Q1)	-0.03 / -0.04	0	―	―
Mar 17, 2025	2024 (Q4)	-0.04 / 0.00	-0.142	―	―
Nov 08, 2024	2024 (Q3)	-0.03 / -0.03	0.019	-242.86% (-0.05)	―
Aug 09, 2024	2024 (Q2)	-0.01 / 0.03	-0.123	122.47% (+0.15)	―
May 13, 2024	2024 (Q1)	-0.03 / 0.00	-0.145	―	―
Mar 15, 2024	2023 (Q4)	-0.03 / -0.14	-0.18	21.37% (+0.04)	―
Nov 08, 2023	2023 (Q3)	>-0.01 / 0.02	-0.083	123.33% (+0.10)	―
Aug 09, 2023	2023 (Q2)	-0.07 / -0.12	-0.227	46.06% (+0.10)	―
May 10, 2023	2023 (Q1)	-0.10 / -0.14	0.466	-131.07% (-0.61)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:QTRH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 15, 2025	C$1.59	C$1.52	-4.40%
Mar 17, 2025	C$1.50	C$1.57	+4.67%
Nov 08, 2024	C$1.77	C$1.59	-10.17%
Aug 09, 2024	C$1.65	C$1.61	-2.42%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Quarterhill Inc. (TSE:QTRH) report earnings?

Quarterhill Inc. (TSE:QTRH) is schdueled to report earning on Aug 13, 2025, Before Open (Confirmed).

What is Quarterhill Inc. (TSE:QTRH) earnings time?

Quarterhill Inc. (TSE:QTRH) earnings time is at Aug 13, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:QTRH EPS forecast?

TSE:QTRH EPS forecast for the fiscal quarter 2025 (Q2) is -0.04.

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