Intelligent Transportation System (ITS)

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Quarterhill Announces Q2 2025 Financial Results
Prnewswire· 2025-08-13 10:31
TORONTO, Aug. 13, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces its financial results for the three and six months ended June 30, 2025. All financial information in this press release is reported in United States ("US") dollars, unless otherwise indicated.Q2 2025 Highlights Revenue for Q2 2025 was $43.1 million compared to $41.5 mill ...
Quarterhill Streamlines Operations to Reduce Costs and Align with Strategic Priorities
Prnewswire· 2025-07-24 11:00
TORONTO, July 24, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), today announced a workforce reduction of approximately 100 positions, representing approximately 15% of total headcount. This strategic initiative is intended to reduce costs, accelerate the path toward sustainable positive Adjusted EBITDA and operating cash flow, and better align resources with our long-term strategic priorities and those of our customers. The reduction, affecting both contra ...