Quarterhill (NASDAQ:QTRH) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 8th.
Quarterhill (NASDAQ:QTRH) last issued 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 negative net margin of 4.30% and a positive return on equity of 16.50%. The business had revenue of $20.40 million for the quarter, compared to analysts’ expectations of $25.60 million.
Shares of QTRH stock opened at $1.25 on Thursday. Quarterhill has a 1-year low of $1.01 and a 1-year high of $2.12. The firm has a market cap of $153.27 million, a PE ratio of 2.42 and a beta of 0.95.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 5th. Stockholders of record on Friday, September 14th were issued a dividend of $0.0096 per share. The ex-dividend date was Thursday, September 13th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 3.08%. Quarterhill’s dividend payout ratio is 7.69%.
QTRH has been the topic of a number of research analyst reports. ValuEngine upgraded Quarterhill from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Canaccord Genuity upgraded Quarterhill from a “hold” rating to a “buy” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research upgraded Quarterhill from a “sell” rating to a “hold” rating in a report on Thursday, July 12th.
Quarterhill Company Profile
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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