Despite hard challenges in the form of noise, error rates, qubit coherence, and scaling, quantum computing stocks to buy now remain enticing enough to continue attracting capital. Unlike traditional computers, quantum computers can simultaneously hold 0 and 1 states. According to analysts, the global quantum computing market size is estimated at $1.3 billion in 2024. But it is poised for a CAGR of 32.7%, bringing it to $5.3 billion by 2029. Of course, major technological breakthroughs are not predictable, w ...

BOSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. ("Zapata AI" or the "Company") (Nasdaq: ZPTA), the Industrial Generative AI company, today announced that it has published and will present to the Defense Advanced Research Projects Agency (DARPA) select research findings — alongside its collaborators Rigetti Computing, University of Southern California, HRL Laboratories and L3Harris — from its participation in Phase II of DARPA's Quantum Benchmarking program. Publication of these resu ...

While Zapata AI may elect to update these forward-looking statements at some point in the future, Zapata AI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Zapata AI's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. BOSTON, June 18, 2024 (GLOBE NEWSWIRE) -- Zapata Computing, Inc. ("Zapata AI") (Nasdaq: ZPTA), the Industrial ...

With the addition of Synopsys products, Quantum Leap Solutions expands its extensive offerings in Automotive, HPC, AI, Data Center and Mixed-Signal for applications including Radar, LiDAR, Functional Safety / Automotive, and wireless / mmwave and RF ICs. About Quantum Leap Solutions: This partnership leverages QLS's extensive market presence with Synopsys' industry leading technologies, opening new avenues for the accessibility of cutting-edge electronic design tools and semiconductor IP. QLS, with its trac ...

That report starts with the company's adjusted earnings per share of -29 cents for the year. That's down from the adjusted EPS of 3 cents per share reported by the company during fiscal 2023. QMCO Stock Drops on Guidance Read More:Penny Stocks — How to Profit Without Getting Scammed Adding to that is its revenue of $311.6 million for fiscal 2024. That's below the single $350 million estimate from Wall Street. It's also a 26.2% decrease year-over-year from $422.1 million. Things aren't looking much better fo ...

Quantum Corporation (NASDAQ:QMCO) Q4 2024 Earnings Conference Call June 17, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer James Lerner - Chairman, President & CEO Kenneth Gianella - CFO Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Nehal Chokshi - Northland Capital Markets Operator Welcome to Quantum's Fiscal Full Year 2024 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode. A brief ...

Quantum. Your difference is in your data." June 17, 2024 QMCO Earnings Presentation – FQ4'24 | 2 Opening Remarks Business Update Call Jamie Lerner Chairman and CEO Kenneth Gianella CFO Safe Harbor Statement and Use of Non-GAAP Financial Information © 2024 Quantum Corporation Safe Harbor Statement. Our presentation today contains forward-looking statements about the Company's plans, strategies, goals, target, and prospects including the company's cost reduction initiative and expected benefits of such initia ...

Financial Performance - Adjusted EBITDA for the year ended March 31, 2024, was $(5.304 million), compared to $21.142 million in 2023 [38] - Net loss for the year ended March 31, 2024, was $(41.286 million), compared to $(18.368 million) in 2023 [38] - Adjusted net income (loss) for the year ended March 31, 2024, was $(27.514 million), compared to $3.167 million in 2023 [39] - Adjusted net income (loss) per share – basic for the year ended March 31, 2024, was $(0.29), compared to $0.04 in 2023 [39] - Adjusted net income (loss) per share – diluted for the year ended March 31, 2024, was $(0.29), compared to $0.03 in 2023 [39] Share Metrics - Weighted average shares – basic for the year ended March 31, 2024, were 95,087, compared to 90,348 in 2023 [39] - Weighted average shares – diluted for the year ended March 31, 2024, were 95,087, compared to 91,188 in 2023 [39] Expenses and Charges - Stock-based compensation expense for the year ended March 31, 2024, was $4.721 million, compared to $10.750 million in 2023 [38] - Restructuring charges for the year ended March 31, 2024, were $4.019 million, compared to $2.178 million in 2023 [38] - Non-recurring project costs for the year ended March 31, 2024, were $4.895 million, compared to $0 in 2023 [38]

While the technology offers myriad innovations, investors ought to earmark the top quantum computing stocks for the speculative long-term section of their portfolio. Fundamentally, it all comes down to the projected relevance. Granted, with every pioneering space comes high risks. If you're willing to accept the heat, these are the top quantum computing stocks to consider. To be sure, Honeywell (NASDAQ:HON) isn't exactly what you would call a direct player among top quantum computing stocks. Rather, the com ...

Quantum computing, with its unparalleled data processing speed, has the potential to usher in a new era in tech. Moreover, the synergy between AI and quantum computing will elevate millionaire-maker quantum computing stocks to new heights. The industry is likely to achieve these kinds of returns as a result of becoming a new critical technology at the center of data processing and connection. Moreover, quantum tech is leaving traditional silicon-based systems in the dust. Beyond this, some of the most influ ...