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D-Wave Quantum Inc. (QBTS) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-14 14:20
D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.10, delivering no surprise.Over the last four quarters, the company has not been able t ...
D-Wave Quantum (QBTS) - 2024 Q3 - Quarterly Results
2024-11-14 12:08
Exhibit 99.1 D-Wave Reports Third Quarter 2024 Results Q3 QCaaS Revenue up 41% Year over Year Fiscal YTD Revenue up 11% Year over Year Fiscal YTD GAAP Gross Profit up 54% Year over Year PALO ALTO, Calif. – November 14, 2024 – D-Wave Quantum Inc., (NYSE: QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024. "Annealing quantum computing is continuing to drive the comme ...
D-Wave: Buying Before Earnings
Seeking Alpha· 2024-10-30 06:12
This is my third article on D-Wave (NYSE: QBTS ); in the past, I have been put off investing because of a lack of evidence regarding commercial traction and clarity regarding the business model. The use case of D-Wave quantum annealing computersI look at small to mid-cap companies with disruptive technology. I provide competitive analysis of companies and often research the founders and their previous endeavors. I follow, investigate and report on companies that I believe have growth potential and highlight ...
D-Wave Quantum Inc. (NYSE: QBTS) Featured in Syndicated Broadcast Highlighting Extended Product Roadmap, Enhancements to Quantum Cloud Service
GlobeNewswire News Room· 2024-08-12 12:35
LOS ANGELES, Aug. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, today announced that it has been featured in a broadcast via NetworkNewsAudio ("NNA"), which delivers additional visibility, recognition and brand awareness to the investment community via distribution to thousands of syndication points. The audio news release cove ...
D-Wave Quantum (QBTS) - 2024 Q2 - Quarterly Report
2024-08-08 20:13
Table of Contents ________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ and ____________ Commission file number 001-41468 D-WA ...
D-Wave Quantum (QBTS) - 2024 Q2 - Earnings Call Transcript
2024-08-08 18:53
D-Wave Quantum Inc. (NYSE:QBTS) Q2 2024 Earnings Call August 8, 2024 8:00 AM ET Company Participants Kevin Hunt - Investor Relations Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Securities Quinn Bolton - Needham Richard Shannon - Craig-Hallum David Williams - Benchmark Suji Desilva - ROTH Capital Harsh Kumar - Piper Sandler Operator Good morning, ladies and gentlemen and welcome to the D-Wave Second Quarter 2024 Earnings C ...
D-Wave Quantum Inc. (QBTS) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-08 13:21
D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.14 per share a year ago. These figures are adjusted for nonrecurring items. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.11, delivering a surprise of -37.50%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. D-WAVE QUANTUM, which belongs ...
D-Wave Quantum (QBTS) - 2024 Q2 - Quarterly Results
2024-08-08 11:02
Exhibit 99.1 D-Wave Reports Second Quarter 2024 Results Q2 Revenue up 28% Year over Year Q2 Bookings up 6% Year over Year GAAP Gross Profit up 97% Year over Year PALO ALTO, Calif. – August 8, 2024 – D-Wave Quantum Inc., (NYSE: QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its second fiscal quarter ended June 30, 2024. "Our second quarter results show continued traction on all fronts - revenue, bookings, custo ...
IBN Announces Latest Episode of The Stock2Me Podcast featuring Murray Thom, Vice President of Quantum Technology Evangelism at D-Wave Quantum Inc.
Newsfilter· 2024-06-20 11:00
The Stock2Me Podcast features a fascinating array of companies and individuals, many of whom are actively revolutionizing antiquated business practices within their respective markets. The latest podcast episode features Murray Thom, Vice President of Quantum Technology Evangelism at D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems within logistics, artificial intellig ...
Zapata AI Publishes Novel Research in PRX Quantum on the Future Potential of Quantum Computing
Newsfilter· 2024-06-18 21:01
BOSTON, June 18, 2024 (GLOBE NEWSWIRE) -- Zapata Computing, Inc. ("Zapata AI") (Nasdaq: ZPTA), the Industrial Generative AI company, today announced that its paper on early fault tolerant quantum algorithms has been published in PRX Quantum, a highly selective journal that publishes research with an emphasis on outstanding and lasting impact. The paper, titled "Early Fault-Tolerant Quantum Computing" provides a unique, quantitative perspective that bridges the theoretical ideal of fault tolerant quantum com ...