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Quarterhill posts 3Q profit

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.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QTRH at https://www.zacks.com/ap/QTRH