OTTAWA, Ontario (AP) _ Quarterhill Inc. (QTRH) on Thursday reported third-quarter earnings of $26.2 million.
The Ottawa, Ontario-based company said it had net income of 22 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, were 43 cents per share.
The patent holding company posted revenue of $85.9 million in the period.
The company's shares closed at $2.08. A year ago, they were trading at $1.43.