On November 6, IONQ Inc. rose 6.32% in Pre-Market Trading, trading at $28.69 per share, with turnover of $3.3069 million.

The move followed the company’s latest quarterly results and higher full-year outlook, both of which came in above market expectations.

For the quarter ended September 30, adjusted loss was $0.29 per share, wider than a year earlier but better than expectations near $0.35 to $0.38. Revenue reached $173.8 million, up from $39.9 million a year earlier and above expectations of about $141.5 million to $141.6 million. The company also raised full-year revenue guidance to $505 million to $515 million from prior guidance of $450 million to $460 million, ahead of the roughly $456.2 million market expectation. The stronger report appears to be helping the stock extend its rebound after recent pressure tied to dilution from a $2 billion equity offering and integration concerns around the planned all-stock Elisity acquisition.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)