The exciting news about Quantum Computing (NASDAQ: QUBT) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $0.08 loss for the quarter. Furthermore, the firm is projected to disclose a total revenue of $0.3 million for this quarter.
The company's earnings report for the same quarter in the previous year revealed a per-share loss of $0.09, attributed to the company's total revenue of $0.05 million.
Wall street analysts expect the company to generate a total revenue of $1 million for the entire year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.06 | -20.0% | 0.18 M | +63.4% |
| Q1 2024 | $-0.08 | +27.3% | 0.03 M | -77.7% |
| Q4 2023 | $-0.09 | +18.2% | 0.08 M | +7,400.0% |
| Q3 2023 | $-0.09 | +59.1% | 0.05 M | +31.6% |
| Q2 2023 | $-0.05 | +70.6% | 0.11 M | +72.3% |
| *Growth on year-over-year basis | ||||
QUBT will host a conference call with investment community on 6th November 2024 at 04:30 PM eastern time to discuss the financial results.
Quantum Computing (QUBT) shares experienced a range of $1.10 to $1.20 on a day volume of 1.90 million shares. The stock closed Friday's regular trading session at $1.13, showing a 0.89 percent advance.
