Published on 12 Apr 2024 on Simply Wall St. via Yahoo Finance
Quarterhill Inc. (TSE:QTRH) Is Expected To Breakeven In The Near Future
We feel now is a pretty good time to analyse Quarterhill Inc.'s (TSE:QTRH) business as it appears the company may be on the cusp of a considerable accomplishment. Quarterhill Inc., together with its subsidiaries, operates in intelligent transportation system business in Canada and internationally. The CA$211m market-cap company announced a latest loss of CA$44m on 31 December 2023 for its most recent financial year result. The most pressing concern for investors is Quarterhill's path to profitability – when will it breakeven? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
Check out our latest analysis for Quarterhill