Quantum Computing Q3 Swings to Profit, Revenue Rises

MT Newswires Live
Nov 15

Quantum Computing (QUBT) reported Q3 earnings late Friday of $0.01 per diluted share, swinging from a loss of $0.06 a year earlier.

Three analysts surveyed by FactSet expected a loss of $0.06.

Revenue for the three months ended Sept. 30 was $0.4 million, up from $0.1 million a year earlier.

Three analysts polled by FactSet expected $0.1 million.

Shares of Quantum Computing rose 12% during after-hours activity.

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