Quantum Computing Shares Fall After 4Q Loss Widens, Revenue Slips

Dow Jones03-21

By Katherine Hamilton

Quantum Computing shares fell after its fourth-quarter loss widened and revenue declined.

The stock retreated 9% to $6.74. Shares have increased sixfold over the past 12 months.

The photonic technology provider on Thursday posted a loss of $51.2 million, or 47 cents a share, for the quarter ended Dec. 31, compared with a loss of $6.8 million, or 9 cents a share, the year before.

Revenue fell 17% to $62,000. Operating expenses increased to $8.9 million from $6.6 million primarily due to higher employee compensation and an increased cost for production equipment at Quantum's chip foundry in Arizona.

Quantum Chief Executive William McGann said the company is on track to launch its quantum photonic chip foundry in early 2025, and has multiple purchase orders secured.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 21, 2025 06:24 ET (10:24 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2521161406?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-21 18:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2521161406","market":"nz","top_or_hot":-1,"title":"Quantum Computing Shares Fall After 4Q Loss Widens, Revenue Slips","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Quantum Computing shares fell after its fourth-quarter loss widened and revenue declined. \n</p>\n<p>\n  The stock retreated 9% to $6.74. Shares have increased sixfold over the past 12 months. \n</p>\n<p>\n  The photonic technology provider on Thursday posted a loss of $51.2 million, or 47 cents a share, for the quarter ended Dec. 31, compared with a loss of $6.8 million, or 9 cents a share, the year before. \n</p>\n<p>\n  Revenue fell 17% to $62,000. Operating expenses increased to $8.9 million from $6.6 million primarily due to higher employee compensation and an increased cost for production equipment at Quantum's chip foundry in Arizona. \n</p>\n<p>\n  Quantum Chief Executive William McGann said the company is on track to launch its quantum photonic chip foundry in early 2025, and has multiple purchase orders secured. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 06:24 ET (10:24 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quantum Computing Shares Fall After 4Q Loss Widens, Revenue Slips</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuantum Computing Shares Fall After 4Q Loss Widens, Revenue Slips\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-21 18:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Quantum Computing shares fell after its fourth-quarter loss widened and revenue declined. \n</p>\n<p>\n  The stock retreated 9% to $6.74. Shares have increased sixfold over the past 12 months. \n</p>\n<p>\n  The photonic technology provider on Thursday posted a loss of $51.2 million, or 47 cents a share, for the quarter ended Dec. 31, compared with a loss of $6.8 million, or 9 cents a share, the year before. \n</p>\n<p>\n  Revenue fell 17% to $62,000. Operating expenses increased to $8.9 million from $6.6 million primarily due to higher employee compensation and an increased cost for production equipment at Quantum's chip foundry in Arizona. \n</p>\n<p>\n  Quantum Chief Executive William McGann said the company is on track to launch its quantum photonic chip foundry in early 2025, and has multiple purchase orders secured. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 06:24 ET (10:24 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QUBT","symbol_name":"Quantum Computing Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2521161406","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521161406","pubTimestamp":1742552640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Quantum Computing shares fell after its fourth-quarter loss widened and revenue declined.The stock retreated 9% to $6.74. Shares have increased sixfold over the past 12 months.The photonic technology provider on Thursday posted a loss of $51.2 million, or 47 cents a share, for the quarter ended Dec. 31, compared with a loss of $6.8 million, or 9 cents a share, the year before.Revenue fell 17% to $62,000. Operating expenses increased to $8.9 million from $6.6 million primarily due to higher employee compensation and an increased cost for production equipment at Quantum's chip foundry in Arizona.Quantum Chief Executive William McGann said the company is on track to launch its quantum photonic chip foundry in early 2025, and has multiple purchase orders secured.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"QUBT":"Quantum Computing Inc."},"translate_title":"第四季度亏损扩大、收入下滑后量子计算股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QUBT":1},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  Quantum Computing shares fell after its fourth-quarter loss widened and revenue declined. \n\n\n  The stock retreated 9% to $6.74. Shares have increased sixfold over the past 12 months. \n\n\n  The photonic technology provider on Thursday posted a loss of $51.2 million, or 47 cents a share, for the quarter ended Dec. 31, compared with a loss of $6.8 million, or 9 cents a share, the year before. \n\n\n  Revenue fell 17% to $62,000. Operating expenses increased to $8.9 million from $6.6 million primarily due to higher employee compensation and an increased cost for production equipment at Quantum's chip foundry in Arizona. \n\n\n  Quantum Chief Executive William McGann said the company is on track to launch its quantum photonic chip foundry in early 2025, and has multiple purchase orders secured. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2025 06:24 ET (10:24 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2521161406"}