Quarterhill (NASDAQ:QTRH) posted its quarterly earnings data on Thursday. The company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.05), Fidelity Earnings reports. Quarterhill had a net margin of 3.89% and a return on equity of 21.36%. The company had revenue of $20.40 million for the quarter, compared to the consensus estimate of $25.60 million.
NASDAQ QTRH traded down $0.02 during trading hours on Friday, reaching $1.31. 264,400 shares of the company traded hands, compared to its average volume of 139,544. Quarterhill has a 12 month low of $1.01 and a 12 month high of $2.12. The company has a market capitalization of $156.85 million, a price-to-earnings ratio of 2.56 and a beta of 0.90.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 5th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.0096 per share. The ex-dividend date is Thursday, September 13th. This represents a $0.04 dividend on an annualized basis and a yield of 2.93%. Quarterhill’s dividend payout ratio (DPR) is 7.69%.
Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.
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