Wi-Lan Inc. (TSE:QTR) Expected to Earn FY2024 Earnings of ($0.07) Per Share

Wi-Lan Inc. (TSE:QTRFree Report) – Cormark decreased their FY2024 earnings per share estimates for Wi-Lan in a report released on Tuesday, May 14th. Cormark analyst G. Fairweather now expects that the company will post earnings of ($0.07) per share for the year, down from their prior estimate of ($0.05). Cormark has a “Moderate Buy” rating on the stock. Cormark also issued estimates for Wi-Lan’s FY2025 earnings at $0.03 EPS.

Wi-Lan Price Performance

Wi-Lan (TSE:QTRGet Free Report) last posted its quarterly earnings results on Friday, March 15th. The company reported C($0.14) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.09). The firm had revenue of C$58.45 million during the quarter.

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