CA - Quarterhill GAAP EPS of -C$0.14 revenue of C$44M
2023-05-10 06:32:52 ET
- Quarterhill press release ( OTCQX:QTRHF ): Q1 GAAP EPS of -C$0.14.
- Revenue of C$44M (-73.9% Y/Y).
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Cash used in operations for the three months ended March 31, 2023, was -C$10.2 million, compared to -C$8.8 million in the comparative prior year period.
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Cash and cash equivalents and short-term investments were C$51.7 million at March 31, 2023, compared to C$67.9 million at December 31, 2022. Among the uses of cash in Q1 2023 was approximately C$2.4 million of non-recurring items.
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Quarterhill GAAP EPS of -C$0.14, revenue of C$44M