Wi-LAN (OTCMKTS:QTRHF) Announces Quarterly Earnings Results

Wi-LAN (OTCMKTS:QTRHF) released its earnings results on Thursday. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01, Zacks reports. The company had revenue of $39.74 million during the quarter, compared to the consensus estimate of $41.82 million. Wi-LAN had a negative return on equity of 14.97% and a negative net margin of 12.38%.

Wi-LAN Price Performance

Shares of OTCMKTS QTRHF traded up $0.03 during trading on Thursday, hitting $0.78. 38,600 shares of the company were exchanged, compared to its average volume of 14,622. The company has a market cap of $91.08 million, a price-to-earnings ratio of -4.58 and a beta of 1.05. Wi-LAN has a 1 year low of $0.69 and a 1 year high of $1.26. The firm’s fifty day moving average price is $0.80 and its 200 day moving average price is $0.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.02 and a quick ratio of 0.92.

Wi-LAN Company Profile

Quarterhill Inc, together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The company offers riteSuite, which offers mobility solutions, such as all-electronic tolling, dynamic pricing, agency interoperability, hosted mobility solutions, and machine learning; back-office solutions, which offers account management, customer service, violation processing, and technical services operations; roadside solutions, which offers onsite and remote maintenance and field operations services, including tolling facility support, lane equipment control, and cash management services; and international road dynamics products and services, which offers automated truck weigh stations, toll road systems and equipment, red light and speed enforcement systems, and traffic management and safety systems.