Quantum Computing Climbs On Q3 Earnings, Revenue Beat

Core Insights - Quantum Computing (QUBT) reported third quarter earnings that exceeded consensus estimates, with a profit of 1 cent per share compared to a loss of 6 cents a year earlier, and revenue surged 280% to $384,000 [1][2] - Analysts had anticipated a loss of 6 cents and revenue of $100,000 for the quarter, indicating a significant positive surprise [2] - The company attributed revenue growth to increased research and development services and custom hardware contracts, as well as the recognition of revenue from cloud-based access to its quantum optimization system [2] Financial Performance - For the September-ending quarter, Quantum Computing achieved a revenue of $384,000, a substantial increase from the previous year [1] - The company ended the quarter with $352 million in cash and $461 million in investments, and subsequently raised an additional $750 million, resulting in a total liquid position of over $1.5 billion [4] Stock Market Reaction - Following the earnings report, QUBT stock rose more than 7% to $11.38 in extended trading, recovering from a 42% decline in 2025 prior to the report [3] - The stock gained over 5% during the regular trading session on the day of the earnings announcement [3] Technical Ratings - Quantum Computing stock holds a Composite Rating of 45 out of a best-possible 99, indicating room for improvement in growth metrics [6] - The stock has an Accumulation/Distribution Rating of B-minus, reflecting moderate institutional buying activity [7] - The average true range (ATR) for QUBT stock is 9.60%, suggesting higher volatility compared to the ideal range of up to 8% [7]