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Quarterhill Inc.

11:09 AM EST - Quarterhill Inc. : Announced its financial results for the three-month period ended September 30, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. Revenues were $25.4 million, compared to $19.6 million in Q3 last year. Adjusted EBITDA of $2.0 million, compared to ($2.5) million in Q3 last year. Net income was $9.3 million, or $0.08 per basic and diluted common share, compared to net loss of ($9.3) million, or ($0.08) per basic and diluted common share, in Q3 last year. Quarterhill Inc shares T.QTRH are trading down $0.06 at $1.71.