Quantum Computing Swings to Q1 Profit, Revenue Rises

MT Newswires Live

05/16

Quantum Computing (QUBT) reported Q1 earnings late Thursday of $0.11 per diluted share, compared with a loss of $0.08 a year earlier.

One analyst polled by FactSet expected a loss of $0.07.

Revenue for the quarter ended March 31 was $39,000, up from $27,000 a year earlier.

One analyst surveyed by FactSet expected $100,000.

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