D-Wave Quantum (NYSE:QBTS) Q3 2025 Earnings Call November 06, 2025 08:00 AM ET Speaker3Good day and welcome to the D-Wave Q3 2025 earnings call. All participants will be in a listen-only mode. Should you need assistance, please signal conference specialists by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touch-tone phone. To withdraw your question, please press star then two. Please n ...

Core Insights - The WisdomTree Quantum Computing Fund (WQTM) launched on October 9, 2023, and is positioned to capitalize on the growing interest in quantum computing as a thematic investment opportunity [2][4]. Market Timing and Sentiment - WQTM's launch coincides with a burgeoning interest in quantum computing, which may attract investors looking for the next significant technological advancement following AI [3][4]. - The fund's success may be influenced by market participants' curiosity about emerging technologies, potentially leading to increased investment in quantum computing [3]. Fundamental Case for Quantum Computing - JPMorgan announced a $1.5 trillion investment initiative over the next decade, targeting industries critical to U.S. economic security, including quantum computing [5][6]. - The quantum computing sector is projected to generate over $1 billion in revenue in the U.S. this year, marking a significant milestone, with future growth estimates ranging from $45 billion to $131 billion by 2040 according to McKinsey [8]. Industry Growth Potential - Emerging leaders in the quantum computing industry are beginning to experience substantial revenue growth, indicating the potential for exponential growth in the sector [7].

Core Insights - IonQ reported a larger-than-expected loss for Q3, with a net loss of $1.1 billion, while revenue increased by 222% to $39.9 million, surpassing analyst expectations [2][3]. Financial Performance - For Q3, IonQ's loss was $3.58 per share compared to a loss of 24 cents per share a year earlier [2]. - Analysts had anticipated a loss of 44 cents per share and revenue of $27 million, indicating IonQ significantly outperformed revenue expectations [2]. Full-Year Guidance - IonQ raised its 2025 revenue guidance to a range of $106 million to $110 million, highlighting the benefits of its full-stack quantum platform [3]. - The company is now positioned to pursue large federal contracts, potentially worth nine figures, although these contracts may take several years to finalize [3]. Market Reaction - Following the earnings report, IonQ's stock rose nearly 5% to $58.10, having gained 27% in 2025 prior to the report [4]. - The stock has retreated from a record high of $84.64 set on October 13 [4]. Acquisitions - In Q2, IonQ made significant acquisitions, including Lightsynq, Capella, and Oxford Ionics for over $1 billion, which have been completed [5]. Technical Ratings - IonQ holds a Composite Rating of 68 out of a best-possible 99, indicating moderate growth potential [7]. - The stock has an Accumulation/Distribution Rating of B+, suggesting a favorable buying trend among institutional investors [8].

Core Insights - ZenaTech, Inc. has been invited to present to VIP investor groups in Palm Beach, Florida, from November 10-14, 2025, including a roundtable at The Mar-a-Lago Club [1][2] - The events will focus on ZenaTech's growth opportunities, drone technology, and the evolving industry and regulatory landscape [1] Company Overview - ZenaTech specializes in AI-driven drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for mission-critical business applications [4] - The company has been operational since 2017, enhancing its drone design and manufacturing capabilities through its subsidiary, ZenaDrone [4] - ZenaTech's solutions are utilized across various sectors, including law enforcement, health, government, agriculture, defense, and logistics, driving operational efficiencies and cost savings [4] Product Offerings - ZenaDrone develops autonomous drone solutions that integrate machine learning, AI, predictive modeling, and Quantum Computing [5] - The ZenaDrone 1000 is used for crop management and critical field cargo applications, while the IQ Nano is designed for inventory management and security [5] - The IQ Square is an outdoor drone intended for land surveys and inspections in commercial and defense sectors [5] Investor Engagement - ZenaTech will also participate in The PIPEs Conference in Fort Lauderdale, engaging in one-on-one briefings with institutional investors and family offices [3] - Interested parties can arrange meetings with ZenaTech's executive team during their time in Florida [3]

Core Insights - The quantum-computing company reported a revenue of $3.7 million in the third quarter [1] Financial Performance - The company achieved $3.7 million in revenue during the third quarter [1]

Core Insights - Spectral Capital Corporation announced projected unaudited revenues for its acquisition target, Telvantis Voice Services, Inc., estimating approximately $250 million for 2025, driven by strong enterprise demand in global voice infrastructure and AI-integrated communications platforms [2] - The acquisition of Telvantis is expected to close around December 19, 2025, making it a wholly owned subsidiary of Spectral, with its results consolidated into Spectral's financial statements from that date [2] - 42 Telecom Ltd., acquired by Spectral on August 1, 2025, is projected to generate approximately $24 million in revenue for 2025, with only revenues post-acquisition included in Spectral's consolidated financials [3] Financial Projections - Telvantis's expected revenue of $250 million and 42 Telecom's $24 million highlight the growth potential of Spectral's combined operations [4] - The company plans to provide pro forma combined financial information for Telvantis and 42 Telecom in upcoming SEC filings [4] Company Strategy - Spectral Capital focuses on building, acquiring, and scaling products in the artificial intelligence sector, emphasizing innovation and a strong patent pipeline [5]

🔥 UPDATE: Spain’s ITER plans to offload 97 $BTC purchased in 2012 for $10K and reinvest the >$10M haul into quantum projects. https://t.co/GVpv8OzqSO ...

In 2002, former IBM (IBM) Chairman Louis V. Gerstner Jr. released "Who Says Elephants Can't Dance?", a book recounting the tech giant's rebound from near-bankruptcy. Showing the 114-year-old company still has legs, IBM stock has outperformed all Magnificent Seven members thus far this year, except Nvidia (NVDA) and Google-parent Alphabet (GOOGL). And Wall Street has taken notice. IBM joins Nvidia… Related news Quantum Computing Stocks: D-Wave Adjusted Earnings, Revenue Beat 11/05/2025D-Wave stock fell after ...

BREAKING: Futures Mixed Amid Earnings Movers; Elon Musk Pay Vote Due In 2002, former IBM (IBM) Chairman Louis V. Gerstner Jr. released "Who Says Elephants Can't Dance?", a book recounting the tech giant's rebound from near-bankruptcy. Showing the 114-year-old company still has legs, IBM stock has outperformed all Magnificent Seven members thus far this year, except Nvidia (NVDA) and Google-parent Alphabet (GOOGL). And Wall Street has taken notice. IBM joins Nvidia… Related news Quantum Computing Stocks: D-W ...

Q3 2025 Investor Presentation Forward-Looking Statements Certain statements in this presentation are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, in ...