Quarterhill Inc. (QTRH) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Thank you. Thank you. ... ... Thank you. Thank you. Good morning, everyone, and welcome to the Quarter Hill First Quarter 2026 Financial Results Conference Call. Joining today are Chuck Myers, Chief Executive Officer, and David Chiron, Chief Financial Officer. At this time, all participants are in listen-only mode. Following management's remarks, we will open the call for question and answer session, during which analysts are invited to ask questions. Earlier this morning, Quarter Hill issued a news release announcing its financial results for the first quarter ended March 31, 2026. This news release, along with the company's MD&A and financial statements, are available on CEDAR+. Certain matters discussed during today's conference call or responses to questions may constitute forward-looking statements. Actual results could differ materially from those anticipated. Risk factors that could affect results are detailed in the company's annual information form and other public filings available on CEDAR+. During this conference call, Quarterhill will refer to adjusted EBITDA, Adjusted EBITDA does not have any standardized meeting prescribed by IFRS. Please refer to the company's Q1 2026 MDNA for full cautionary notes regarding the use of forward-looking statements and non-IFRS measures. Finally, please note that all financial information provided is in U.S. dollars unless otherwise specified. I will now turn the call over to Mr. Myers. Please go ahead. Good morning, everyone, and thank you for joining us for our Q126 earnings call. This quarter marks an inflection point for Quarter Hill. We delivered 14% year-over-year revenue growth, 28% gross margins, and posted our third consecutive quarter of positive adjusted EBITDA. These are not isolated data points. T...