Quarterhill Reports a “Strong” 2020 Amid the COVID Recession, Including Several Settlements and Multiple Large Portfolio Acquisitions
March 12, 2021
Quarterhill Inc. released its Q4 and 2020 financial results this week, reporting decreased year-over-year patent licensing revenue but several new license agreements as well as multiple acquisitions of large operating company portfolios. The company’s slower fourth quarter followed a surge in licensing revenue in Q3, which management characterized at the time as Quarterhill’s “best quarter” in three years.
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