Quarterhill Announces Q1 Fiscal 2023 Financial Results
Quarterhill's Management's Discussion and Analysis and financial statements for the three months ended March 31, 2023 ("Q1 2023") are available at the Company's website and at its profile at SEDAR .
- Quarterhill's Management's Discussion and Analysis and financial statements for the three months ended March 31, 2023 ("Q1 2023") are available at the Company's website and at its profile at SEDAR .
- The decrease in consolidated revenue in Q1 2023 was due primarily to the size of licensing agreements completed in Q1 2022.
- Gross margin in the ITS segment was 13% in Q1 2023 compared to 28% in Q1 2022.
- Quarterhill will host a conference call to discuss its financial results today at 10:00 AM Eastern Time.