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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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QUANTUM COMPUTING $QUBT Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $9.5M (Est. $7.2M) ๐ŸŸข; +2374% YoY ๐Ÿ”น EPS: -$0.07 (Est. -$0.05) ๐Ÿ”ด ๐Ÿ”น Gross Margin: 4.5% ๐Ÿ”น Net Loss: $15.1M Other Q3 Metrics: ๐Ÿ”น Cash & Investments: ~$1.3B ๐Ÿ”น Contract Backlog: ~$39.1M Announcements: ๐Ÿ”น INmune Bio: QCiโ€™s first commercial customer in pharma and biotech Key Updates: ๐Ÿ”น Derivative Liability Fair Value: $458 thousand gain ๐Ÿ”น Acquisition-related Expenses: ~$1.0M Comments: ๐Ÿ”ธ โ€œWe're encouraged by our progress, but recognize there's considerable work ahead. Our priorities are clear: growing our commercial business, scaling manufacturing and advancing our quantum roadmap.โ€
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