Quarterhill Partners with New Jersey Department of Transportation to Support Statewide Traffic Monitoring Systems Accessibility StatementSkip NavigationMulti-year contract will help maintain and modernize New Jersey's network of weigh-in-motion and traffic volume systemsTORONTO, March 24, 2026 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, through its subsidiary International Road ...

Quarterhill Inc. Reports Financial Results for Q4 and Full Year 2025Quarterhill Inc. (OTCQX:QTRHF), a leading company in the Intelligent Transportation System (ITS) industry, has recently unveiled its financial outcomes for the fourth quarter and the entire year ending December 31, 2025. The firm, which is also traded on the TSX under the symbol QTRH, is focusing on the expansion of its AI-driven intelligent transportation platform. This strategic move is in response to the escalating demand for the moderni ...

Quarterhill Reports Fourth Quarter and Full Year 2025 Financial Results Accessibility StatementSkip Navigation TORONTO, March 23, 2026 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of software and technology solutions in the Intelligent Transportation System ("ITS") industry, reported financial results for the fourth quarter and full year ended December 31, 2025. All financial information in this press release is reported in United States ("U ...

Core Insights - Quarterhill Inc. will host a conference call on March 23, 2026, at 10:00 a.m. ET to discuss its fourth quarter and full year 2025 financial results [1][2] - A press release detailing the financial results will be issued prior to the call [1] Company Overview - Quarterhill is a global leader in the Intelligent Transportation System (ITS) industry, focusing on smart infrastructure solutions that enhance mobility, reduce congestion, and improve roadway safety [2] - The company's platforms process billions of transactions annually, conduct compliance and safety inspections on millions of commercial vehicles, and help transportation agencies optimize traffic across thousands of lanes [2] - Quarterhill leverages advanced artificial intelligence and machine learning technologies to provide automation and predictive insights for efficient transportation network management [2] Upcoming Events - The conference call will include a review of the financial results followed by a question-and-answer session [2] - A telephone replay of the call will be available until March 30, 2026 [2][5]

Quarterhill to Showcase Integrated Enforcement and Tolling Technologies Advancing Modern Transportation Operations at Intertraffic Amsterdam 2026 Accessibility Statement Skip NavigationCompany will exhibit next- generation virtual weigh stations, automated enforcement, AI-enabled sensing, tolling technologies, and integrated data platforms for transportation agencies worldwideTORONTO, March 9, 2026 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global ...

Quarterhill Partners with Massachusetts Department of Transportation to Expand Weigh-In-Motion Program Accessibility Statement Skip Navigation$6.4 million project will enhance commercial vehicle safety, strengthen freight data visibility, and modernize infrastructure planning across MassachusettsTORONTO, March 5, 2026 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, today announced i ...

Core Insights - Quarterhill Inc. is set to present at the 28th Annual Needham Growth Conference, emphasizing its operational transformation and expanding global footprint in the Intelligent Transportation System (ITS) industry [1][2] Group 1: Financial Performance - The company reported a strong third quarter, achieving positive Adjusted EBITDA and positive operating cash flow, driven by improved contract economics and disciplined cost management [3] - There has been a notable expansion in gross margins, indicating effective operational strategies [3] Group 2: Strategic Initiatives - Management will discuss strategic growth initiatives that reflect ongoing demand in core markets, supporting a shift towards higher-margin revenue profiles as the company enters 2026 [4] - Recent commercial momentum includes new and follow-on contract wins that enhance revenue visibility and expand the company's global footprint [4] Group 3: Company Overview - Quarterhill is recognized as a global leader in the ITS industry, focusing on smart infrastructure solutions that enhance mobility, reduce congestion, and improve roadway safety [6] - The company's platforms process billions of transactions annually and perform compliance and safety inspections on millions of commercial vehicles, showcasing its significant operational scale [6]

Core Insights - Quarterhill Inc. has announced new international contracts reflecting the growing demand for intelligent transportation systems (ITS) that enhance roadway safety and protect infrastructure [1][2] Group 1: New Contracts and Partnerships - Quarterhill has secured contracts with national customers in Kuwait and Cambodia, alongside continued deployments in Thailand and South Korea [1] - The company is partnering with Kuwait's Public Authority for Roads and Transportation to implement a high-speed weigh-in-motion (HSWIM) enforcement program aimed at improving highway safety by detecting overweight vehicles [2] - In Cambodia, Quarterhill's first contract with the Ministry of Public Works and Transport will utilize funding from the World Bank to enhance road asset management and safety programs [4] Group 2: Technology and Benefits - The technology provided by Quarterhill offers real-time, data-driven insights into vehicle weights, which helps prevent accidents and reduces infrastructure strain [2][7] - In Thailand and South Korea, Quarterhill is deploying Single Load Cell and Bending Plate WIM systems, which are known for their accuracy and durability in high-traffic environments [3] - The systems are designed to support safer travel and reliable freight movement across national corridors, ensuring consistent enforcement and monitoring [3][7] Group 3: Strategic Goals - Quarterhill's initiatives align with long-term strategies to modernize roadway operations through improved data collection and infrastructure planning [2][4] - The company's focus on protecting roadway investments aims to reduce structural damage from overweight trucks and enhance freight mobility [7][8]

Core Insights - Quarterhill Inc. has secured a $5.2 million contract to deploy its Next Generation Toll Lane System on a major U.S. express lane corridor, highlighting its capabilities in modernizing roadway technology and automating tolling operations [1][2]. Technology Enhancements - The new system features real-time traffic condition monitoring, advanced video technology, machine learning-driven tolling automation, and dynamic pricing capabilities aimed at improving traffic flow and enhancing driver experience [2][3]. - Key enhancements include machine learning-powered vehicle detection, cloud technology for scalability, and dynamic pricing that adjusts tolls based on live traffic conditions [6]. Strategic Importance - This initiative reinforces Quarterhill's commitment to modernizing tolling infrastructure, reducing congestion, and improving roadway safety, while also strengthening partnerships with transportation agencies [3][5]. - The project is positioned as a step towards the future of intelligent mobility, aiming to deliver safer and more reliable travel experiences for drivers [3].

Core Insights - Quarterhill Inc. has shown significant progress in its turnaround strategy, achieving substantial gross margin expansion, positive Adjusted EBITDA, and positive operating cash flow [2][4] - The company is focused on accelerating growth and expanding profitability as it positions itself as a leading technology-driven Intelligent Transportation System (ITS) platform [4][21] Financial Performance - Revenues for Q3 2025 were $39.7 million, an increase from $38.0 million in Q3 2024, while year-to-date revenues reached $116.7 million compared to $114.4 million in the same period last year [5][9] - Gross profit for Q3 2025 was $10.5 million, representing a gross margin of 26%, up from 13% in Q3 2024 [6][7] - Adjusted EBITDA for Q3 2025 was $1.4 million, a significant improvement from a loss of $2.8 million in Q3 2024, marking the first positive Adjusted EBITDA quarter since Q4 2024 [9][34] Operational Highlights - The Safety & Enforcement unit delivered gross margins above 40%, while the Tolling business benefited from restructuring actions and improved contract terms [4][6] - The company reported a revenue backlog of $427 million as of September 30, 2025, with a pipeline valued at approximately $2 billion [4][10] Cash Flow and Expenses - Cash generated from operations for Q3 2025 was $6.4 million, a significant increase compared to cash used in operations of $1.7 million in Q3 2024 [10][34] - Total operating expenses for Q3 2025 were $13.7 million, up from $11.3 million in Q3 2024, primarily due to higher costs related to stock-based compensation and recruitment [7][8] Balance Sheet Strength - Cash and cash equivalents stood at $24.1 million as of September 30, 2025, compared to $22.7 million at June 30, 2025 [10][30] - The company made long-term debt repayments of $3.1 million in Q3 2025, reflecting a commitment to strengthening its balance sheet [10][30]