Arqit Quantum (NASDAQ:ARQQ) reported quarterly losses of $(1.34) per share. This is a 357.48 percent decrease over losses of $(0.29) per share from the same period last year.
The company reported $67.00 thousand in sales this quarter. This is a 43.70 percent decrease over sales of $119.00 thousand the same period last year.
Arqit Quantum shares tumbled 17.5% in premarket trading, erasing earlier gains.