10:39 AM EST - Quarterhill Inc. : Announced its financial results for the three- and 12-month periods ended December 31, 2019. All financial information in this press release is reported in U.S. dollars. Revenues in the fourth quarter were $39.2 million, compared to $25.4 million in Q4 2018. Net income of $5.6 million, or $0.05 per basic and diluted common share, compared to net loss of ($19.9) million, or ($0.17) per basic and diluted common share, in Q4 2018. Full-year revenues were $146.7 million, compared to $77.4 million in 2018. Net income was $10.5 million, or $0.09 per basic and diluted common share, compared to net loss of ($49.1) million, or ($0.41) per basic and diluted common share, in 2018. Quarterhill Inc.
shares T.QRTH are trading down $0.03 at $1.81.
