Skip to playerSkip to main content
  • 5 months ago
Quantum Computing, Inc. reported a second-quarter loss of 26 cents per share, missing the 6-cent loss estimate, according to Benzinga. Revenue was $61,000, below the $100,000 forecast and down from $183,000 a year earlier. Interim CEO Dr. Yuping Huang said Quantum Computing secured new customers in quantum sensing, cybersecurity, and AI during the second quarter. He noted initial shipments to research institutions and enterprises in Europe, Asia, and the U.S., along with expanded NASA engagement, reflect growing demand for the company’s photonic technologies. Shares fell 2.60% in after-hours trading.

Category

🗞
News
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Quantum computing reported a second quarter loss of 26 cents per share.
00:06This is the six cent loss estimate, according to Benzinga.
00:09Revenue was $61,000 below the $100,000 forecast and down from $183,000 a year earlier.
00:14Interim CEO Dr. Yu-Ping Huang said quantum computing secured new customers in quantum sensing,
00:19cybersecurity, and AI during the second quarter.
00:22Known initial shipments to research institutions and enterprises in Europe, Asia, and the US,
00:26along with expanded NASA engagement, reflect growing demand for the company's photonic technologies.
00:31Shares still 2.6% in after-hours trading.
00:34For all things money, visit Benzinga.com.
Comments

Recommended