Overview
Quantum optics firm Q4 revenue rose 219% yr/yr but missed analyst expectations
Company completed acquisition of Luminar Semiconductor post-Q4
Outlook
Quantum Computing Inc. plans to expand manufacturing capabilities with new Fab 2 facility
Company focuses on advancing strategic partnerships and scaling technology in 2026
Result Drivers
FAB 1 REVENUE CONTRIBUTION - Revenue increase driven by hardware sales and services from Fab 1 facility
PRIVATE PLACEMENT - Raised $750 mln through oversubscribed private placement to support growth strategy
Company press release: ID:nPn63gR8ha
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $198,000 | $332,500 (4 Analysts) |
Q4 Net Income | -$1.56 mln | ||
Q4 Operating Expenses | $22.12 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Quantum Computing Inc is $15.50, about 84.3% above its February 27 closing price of $8.41
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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