Quarterhill Inc. (OTCQX:QTRHF) Q1 2025 Earnings Conference Call May 15, 2025 10:00 AM ET
Company Participants
Chuck Myers – CEO
Morgan Demkey – Interim CFO
Conference Call Participants
Gavin Fairweather – Cormark Securities
Todd Coupland – CIBC Capital Markets
Steven Li – Raymond James
Operator
Good morning and welcome to Quarterhill’s Q1 2025 Financial Results Conference call. On this morning’s call, we have Chuck Myers, CEO, and Morgan Demkey, interim Chief Financial Officer. At this time, all participants are in a listen-only mode. [Operator instructions] Earlier this morning, Quarterhill issued a new release announcing its financial results for the quarter ended March 31st, 2025. This news release, along with the company’s MDA and financial statements, are available on Quarterhill’s website and 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 Q1 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 US dollars, unless otherwise specified. I’ll now turn the meeting over to Mr. Myers. Please go ahead, sir.
Chuck Myers
Thank you. Good morning, everyone, and thanks for joining us on today’s call. In terms of agenda, I’d like to discuss highlights for the quarter, after which Morgan will take a look at the key financial results. Following Morgan, we’ll open it up for questions. In summary, our Q1 results reflect our ongoing business transformation and turnaround activities for the past 18 months. As we’ve discussed
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