Quarterhill Q2 FY26 adjusted EBITDA swings to USD 4.6 million; revenue slips to USD 42.5 million
Reuters2026/08/13 11:03- Quarterhill posted a net loss of USD 5.57 million, or USD 0.05 per share, for Q2 ended June 30.
- Revenue edged down to USD 42.5 million; adjusted EBITDA (non-IFRS) turned positive to USD 4.6 million, for an 11% margin.
- Gross margin expanded to 29%, up 1,400 basis points year over year; cash from operations rose to USD 5.7 million.
- Backlog stood at USD 415 million at June 30; cash and cash equivalents increased to USD 26.2 million.
- Agreed to buy Conduent’s tolling solutions business for USD 70 million cash plus shares; closing expected in Q4 2026.
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