Quarterhill Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 194.32 million compared to CAD 159.33 million a year ago. Net loss was CAD 65.61 million compared to net income of CAD 2.77 million a year ago.

Basic loss per share from continuing operations was CAD 0.38 compared to CAD 0.47 a year ago. Diluted loss per share from continuing operations was CAD 0.38 compared to CAD 0.47 a year ago. Basic loss per share was CAD 0.57 compared to basic earnings per share of CAD 0.02 a year ago.

Diluted loss per share was CAD 0.57 compared to diluted earnings per share of CAD 0.02 a year ago.