Quarterhill Inc. (QTRH:CA) Q3 2025 Earnings Call Transcript

Operator

Good morning, and welcome to Quarterhill’s Q3 2025 Financial Results Conference Call. On this morning’s call, we have Chuck Myers, CEO; and David Charron, Chief Financial Officer. [Operator Instructions]. Earlier this morning, Quarterhill issued a news release announcing its financial results for the 3 and 9 months ended September 30, 2025. This news release, along with the company’s MD&A and financial statements are available on SEDAR+. Certain matters discussed during today’s conference call or answers that may be given to questions could constitute forward-looking statements. Actual results could differ materially from those anticipated.

Risk factors that could affect results are detailed in the company’s annual information form and other public filings that are available on SEDAR+. During this conference call, Quarterhill will refer to adjusted EBITDA. Adjusted EBITDA does not have any standardized meaning prescribed by IFRS. Please refer to the company’s Q3 2025 MD&A for full cautionary notes regarding the use of forward-looking statements and non-IFRS measures. Finally, please note that all financial information provided is in U.S. dollars unless otherwise specified. I will now turn the meeting over to Mr. Myers. Please go ahead, sir.

Charles Myers
CEO & Director

Good morning, everyone, and thank you for joining us on today’s call. In terms of agenda, I’ll discuss the highlights for the quarter, after which David Charron will take a look at the key financial results. Following David, we’ll open it up for questions.

Looking at the Q3 results, our performance reflects significant progress in the turnaround and marks an important inflection point for Quarterhill. Revenue increased year-over-year. Adjusted EBITDA