8 Articles
8 Articles
D-Wave's Quantum Momentum Impresses Analyst, Sees Stronger Commercial Uptake Ahead
Needham analyst Quinn Bolton reiterated the Buy rating on D-Wave Quantum Inc. (NYSE:QBTS), raising the price forecast from $8.50 to $13. On Thursday, the company reported revenue of $15 million for the quarter ended March 31, a more than sixfold increase on a year-over-year basis. The revenue…
D-Wave Quantum (NYSE:QBTS) Reports US$15 Million Sales, Reduces Net Loss To US$5 Million
D-Wave Quantum (NYSE:QBTS) recently reported its first-quarter earnings, showcasing strong revenue growth and a reduced net loss, pivotal developments given the broader stock move of 79% over the last quarter. The company's announcement of significant product advancements and partnerships, including a deal with Ford Otosan, has likely bolstered investor confidence. This occurs against the backdrop of a market that has shown slight gains, with th…
D-Wave Achieves Record Revenue of $15 Million in Q1 2025 - Quantum Computing Report
D-Wave Quantum Inc. has announced its Q1 2025 financial results. A quick summary of some key financial metrics comparing Q1 2025 versus Q4 2024 and the year ago quarter of Q1 2024 is shown in the chart below. D-Wave reached a record level of revenue of $15 million in Q1 2025 helped substantially by completion of [...] The post D-Wave Achieves Record Revenue of $15 Million in Q1 2025 appeared first on Quantum Computing Report.
D-Wave delivers surprise adjusted profit after quantum computer sale - SiliconANGLE
Quantum computer maker D-Wave Quantum Inc. today posted first-quarter results that topped the consensus estimate across the board. The Palo Alto, California-based company generated $15 million in revenue during the first three months of the year. Analysts had expected $2.55 million. D-Wave attributed the revenue jump mainly to the sale of a quantum system to […] The post D-Wave delivers surprise adjusted profit after quantum computer sale appear…
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