Quarterhill (TSE:QTRH) reported higher first-quarter revenue, sharply improved gross margins and a third consecutive quarter of positive Adjusted EBITDA, as management said restructuring efforts are beginning to translate into more sustainable financial performance.
On the company’s first-quarter 2026 earnings call, Chief Executive Officer Chuck Myers said the quarter marked “an inflection point” for Quarterhill, citing 14% year-over-year revenue growth, a 28% gross margin and continued positive Adjusted EBITDA.
