Quarterhill (NASDAQ:QTRH) is scheduled to announce its earnings results before the market opens on Thursday, November 8th.
Quarterhill (NASDAQ:QTRH) last announced its quarterly earnings results on Thursday, August 9th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). Quarterhill had a positive return on equity of 16.50% and a negative net margin of 4.30%. The company had revenue of $20.40 million during the quarter, compared to analyst estimates of $25.60 million.
Shares of NASDAQ:QTRH opened at $1.25 on Thursday. Quarterhill has a fifty-two week low of $1.01 and a fifty-two week high of $2.12. The stock has a market capitalization of $153.27 million, a price-to-earnings ratio of 2.42 and a beta of 0.95.
A number of analysts have weighed in on QTRH shares. ValuEngine raised Quarterhill from a “hold” rating to a “buy” rating in a research report on Tuesday, September 4th. Canaccord Genuity raised Quarterhill from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Finally, Zacks Investment Research raised Quarterhill from a “sell” rating to a “hold” rating in a research report on Thursday, July 12th.
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.
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