Quarterhill (OTCMKTS:QTRHF) released its quarterly earnings results on Thursday. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02, MarketWatch Earnings reports. The firm had revenue of $26.02 million for the quarter. Quarterhill had a negative return on equity of 0.51% and a net margin of 7.18%.
Shares of Quarterhill stock remained flat at $$1.41 during trading hours on Friday. The stock had a trading volume of 225 shares, compared to its average volume of 38,847. The firm has a 50-day simple moving average of $1.23. Quarterhill has a fifty-two week low of $0.30 and a fifty-two week high of $1.59. The stock has a market cap of $170.56 million, a price-to-earnings ratio of 15.66 and a beta of 0.71. The company has a current ratio of 3.84, a quick ratio of 3.62 and a debt-to-equity ratio of 0.01.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 3rd. Investors of record on Friday, June 12th will be given a dividend of $0.009 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.04 annualized dividend and a yield of 2.55%.
Quarterhill Company Profile
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Licensing segment includes patents relating to 3D television, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, enhanced image processing, streaming video, non-volatile flash and other memory, semiconductor clocking, LED lighting, and various other technologies; automotive headlight assemblies, phased loop semiconductor licensing, microcontrollers applicable to safety-critical aerospace, computer gaming, CMOS image sensors, building automation, and smart meter monitoring; and medical, industrial, and automotive applications.
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