The earnings call presented a mix of positive developments such as revenue growth, international expansion, and cost-saving measures, alongside significant challenges like negative EBITDA, problem contracts, and a debt covenant violation. The company is taking steps to address these issues, but the current financial performance is under pressure.

Company Guidance

During the Q2 2025 financial results conference call, Quarterhill reported a Q2 revenue of $43.1 million and an adjusted EBITDA of negative $2.7 million, indicating performance below expectations. The company has implemented a restructuring plan, reducing its workforce by approximately 15% to save around $12 million annually, with benefits expected in Q3 2025. The restructuring primarily targets two problematic tolling contracts, which contributed $3.9 million in losses to Q2 adjusted EBITDA. Despite these challenges, Quarterhill secured $85 million in new orders and a $25 million annual contract renewal, highlighting strong performance in its Safety and Enforcement unit. This unit achieved a gross margin growth from 20% to over 40% in recent quarters. The company is also investing in new AI-driven technology platforms to enhance its offerings and operational efficiency. Looking forward, Quarterhill aims to achieve sustainable profitability and margin expansion by resolving the problem contracts, realizing cost savings, and growing its higher-margin business.

Revenue Growth and New Business Wins

Q2 revenue was $43.1 million, up 4% from the same quarter last year and up 27% from Q1. The company added $85 million in change orders and wins this year, with a recent $25 million annual renewal for an existing contract.

Cost-Saving Restructuring

Quarterhill implemented a restructuring that is expected to save approximately $12 million per year, with most savings in the cost of sales line. The restructuring involved a reduction of around 100 positions, or roughly 15% of total headcount.

Strong Performance in Safety and Enforcement Business

The Safety and Enforcement business grew its top line in the quarter, delivering strong margins, increasing gross margin from about 20% to over 40% over the last six quarters.

Expansion into International Markets

Recent international wins in Djibouti, Thailand, and South Korea reflect global demand for Quarterhill's enforcement solutions, including a $2.8 million contract with the Louisiana Department of Transportation.

Investment in Next-Gen Technology

Quarterhill is investing in a new technology platform built on microservices and AI architecture, with a planned launch in Q3. This includes AI-driven features like vehicle fingerprinting and predictive analytics.

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
Nov 06, 2025	2025 (Q3)	-0.07 / -	-0.028	―	―	―
Aug 13, 2025	2025 (Q2)	-0.04 / -0.06	0.028	-300.00% (-0.08)	―
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	-0.181	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	-0.228	46.06% (+0.10)	―

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
Aug 13, 2025	C$1.26	C$1.20	-4.76%
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%

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 (TSE:QTRH) report earnings?

Quarterhill (TSE:QTRH) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Quarterhill (TSE:QTRH) earnings time?

Quarterhill (TSE:QTRH) earnings time is at Nov 06, 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 (Q3) is -0.07.

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