Quantum Computing GAAP EPS of -$0.09 beats by $0.01, revenue of $0.05M misses by $0.15M
- Finance
Harry Byrne- 0
- 8 minutes read
Nov. 14, 2023 1:35 AM ETQuantum Computing Inc. (QUBT)By: Pranav Ghumatkar, SA News Editor
- Quantum Computing press release (NASDAQ:QUBT): Q3 GAAP EPS of -$0.09 beats by $0.01.
- Revenue of $0.05M (+25.0% Y/Y) misses by $0.15M.
- As of September 30, 2023, cash and cash equivalents increased $2.1 million from year-end 2022 to $7.4 million, which excludes capital allocated to the note receivable and associated interest of approximately $543,000 invested to secure the Company’s right of first refusal to potentially acquire millionways.
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