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Quarterhill Q1 Earnings Call Highlights
Key takeaways
- Quarterhill Q1 Earnings Call Highlights Market Beat Sat, May 16, 2026 at 11:06 PM GMT+7 7 min read QTRH.TO QTRH.NE Key Points Interested in Quarterhill Inc.?
- Quarterhill said Q1 revenue rose 14% to $38.6 million, while gross margin improved to 28% from 12% a year earlier.
- The company ended the quarter with $428.8 million in backlog and said its pipeline beyond backlog exceeds $2 billion.
Quarterhill Q1 Earnings Call Highlights Market Beat Sat, May 16, 2026 at 11:06 PM GMT+7 7 min read QTRH.TO QTRH.NE Key Points Interested in Quarterhill Inc.? Here are five stocks we like better.
Quarterhill said Q1 revenue rose 14% to $38.6 million, while gross margin improved to 28% from 12% a year earlier. Adjusted EBITDA turned positive at $2 million, marking a third straight quarter above zero and suggesting restructuring efforts are starting to pay off.
The company ended the quarter with $428.8 million in backlog and said its pipeline beyond backlog exceeds $2 billion. Management highlighted recurring service work as a growing share of backlog, which should improve margin quality and cash-flow visibility.
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