Quarterhill Stock Price, News & Analysis

Quarterhill (QTRHF) has announced the successful completion and full system acceptance of two major toll road projects for the Central Texas Regional Mobility Authority (CTRMA). The projects include the US 290 toll road, a 6-mile corridor from US 183 to SH 130 in East Austin, and CTRMA 183A Phase III. The US 290 project has tripled the roadway's capacity and features integrated direct connectors at US 183 and SH 130. Both toll systems are fully automated with all-electronic tolling mechanisms, offering electronic tags and Pay By Mail options.

Quarterhill (QTRHF) held its Annual General and Special Meeting on May 12, 2025, where shareholders voted on key corporate matters. All proposed resolutions were successfully approved. Shareholders elected six directors to the Board with approval ratings ranging from 91.23% to 92.85%. Ernst & Young Canada LLP was appointed as the company's auditor with 94.12% approval. Additionally, shareholders approved an amendment to the company's 2018 Equity Incentive Plan with 72.21% support, despite notable opposition of 27.79% of votes.

Quarterhill Inc. (QTRHF) has scheduled the release of its Q1 2025 financial results for Thursday, May 15, 2025. The company will host a conference call and audio webcast on the same day at 10:00 a.m. ET, featuring CEO Chuck Myers and Interim CFO Morgan Demkey.

Investors can access the live webcast through the provided link, with replay options available. For those preferring traditional dial-in, toll-free access is available from the U.S. and Canada at 1.888.699.1199, while international callers can dial 1.416.945.7677. A telephone replay will be accessible from May 15 to May 22, 2025.

Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) has announced its upcoming virtual Annual and Special Meeting of shareholders scheduled for May 12, 2025, at 10:00 a.m. Eastern time. The company has nominated six directors for election to the Board, including four current directors and two new nominees.

The nominees include current directors Rusty Lewis, Chuck Myers, Pasquale T. Deon Sr., and Robin Saunders, alongside new nominees Asha Daniere and Stephen A. Smith. Daniere brings legal and governance expertise from her media and entertainment background, while Smith contributes significant financial and accounting experience from his roles at major public companies.

Shareholders can vote online, via telephone, or mail before May 8, 2025, 10:00 a.m. Eastern time. The virtual meeting will be accessible at meetnow.global/MRFXRDH, where shareholders can participate, vote, and ask questions in real-time following procedures outlined in the Management Information Circular dated April 1, 2025.

Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions, will be a platinum sponsor and exhibitor at the IBTTA Technology Summit from March 22-25, 2025, in Dallas, Texas.

The company will showcase several innovative technologies including:

• Digital Video Audit System (DVAS) featuring AI-powered real-time data classification
• iTHEIA AI Vehicle Counting and Classification system
• Quantum Automatic Vehicle Detection and Classification (AVDC) system with LiDAR technology

Rick Strobridge, Chief Revenue Officer, will present a Tech Talk on March 24 titled 'It is Brain Surgery: How Innovations in Healthcare Can Benefit Transportation.' The company will demonstrate its electronic tolling expertise, cloud services for transaction processing, roadside monitoring, and analytics at booth #607.

Quarterhill Inc. (QTRHF) reported its Q4 and fiscal 2024 financial results, showing mixed performance in its turnaround efforts. Q4 2024 revenue was $38.9 million, down from $43.0 million in Q4 2023, while fiscal 2024 revenue increased to $153.3 million from $144.0 million year-over-year.

The company's Adjusted EBITDA declined to $1.2 million in Q4 2024 and $0.2 million for fiscal 2024, compared to $2.3 million and $2.9 million in the respective previous periods. Revenue backlog stood at $495 million as of December 31, 2024.

Notable developments include the $40 million Alameda CTC I-580 Express Lanes renewal contract announced in January 2025, with potential expansion worth $15 million, the acquisition of Red Fox for $4.9 million, and the sale of its 50% stake in a Chinese joint venture for $4.4 million.

Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) has scheduled the release of its financial results for Q4 and full-year 2024 on Monday, March 17, 2025. The company will host a conference call and audio webcast at 10:00 a.m. ET on the same day, led by CEO Chuck Myers and Interim CFO Morgan Demkey.

The earnings call will be accessible via live audio webcast, with replay available afterwards. Participants can join through traditional dial-in numbers from the U.S. and Canada (1.888.699.1199) or international locations (1.416.945.7677). A telephone replay will be available from March 17 to March 24, 2025.

Quarterhill (TSX: QTRH) (OTCQX: QTRHF), a provider of tolling and enforcement solutions in the Intelligent Transportation System industry, has appointed Robin Saunders to its Board of Directors. Saunders, co-founder and Managing Partner of Clearbrook Capital Partners LLP, brings over three decades of experience and has led transactions exceeding US$30 billion across 15 countries.

Saunders' background includes executive positions at major financial institutions like Citigroup, Chase, Deutsche Bank, and WestLB, with expertise in securitization and principal finance. She currently serves as a Visiting Fellow at the Saïd Business School, University of Oxford, and actively invests in global asset managers and technology-driven startups.