Quarterhill Announces Q3 Fiscal 2023 Financial Results
Financial statements for the three and nine months ended September 30, 2023, and for the respective comparison periods, have been prepared to reflect continuing operations and therefore exclude results during those periods from Wi-LAN Inc. ("WiLAN"), which was sold by Quarterhill on June 15, 2023.
- Financial statements for the three and nine months ended September 30, 2023, and for the respective comparison periods, have been prepared to reflect continuing operations and therefore exclude results during those periods from Wi-LAN Inc. ("WiLAN"), which was sold by Quarterhill on June 15, 2023.
- As a percentage of revenue, SG&A in Q3 2023 was 18% compared to 27% in Q3 2022.
- Quarterhill will host a conference call to discuss its financial results today at 10:00 AM Eastern Time.
- These non-IFRS financial measures and non-IFRS ratios are not standardized financial measures under IFRS, and, therefore, are unlikely to be comparable to similar financial measures presented by other companies.