Quarterhill Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CAD 37.77 million compared to CAD 11.47 million a year ago. Revenue was CAD 168.51 million compared to CAD 19.32 million a year ago. Net income was CAD 56.9 million compared to net loss of CAD 4.29 million a year ago. Basic earnings per share from continuing operations was CAD 0.5 compared to basic loss per share from continuing operations of CAD 0.04 a year ago. Diluted earnings per share from continuing operations was CAD 0.44 compared to diluted loss per share from continuing operations of CAD 0.04 a year ago.