Quantum Computing Stock Spikes On Q1 Results: What To Know

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Quantum Computing Inc. (NASDAQ:QUBT) posted its first-quarter results after Monday’s closing bell, beating Street estimates on the top and bottom lines. 

Here’s a look at the details inside the report. 

Quantum Computing Q1 Details       

Quantum Computing reported quarterly losses of two cents per share, which beat the Street estimate for losses of five cents, according to Benzinga Pro data.  

Quarterly revenue came in at $3.69 million, which blew past the analyst consensus estimate of $3.28 million by 12.7% and was up from $39,000 in the same period last year.

QCi said the year-over-year revenue increase was …

Full story available on Benzinga.com

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