IonQ Inc's Q2 revenue increased 111% YoY to $5.5 million, beating the consensus estimate of $4.35 million. However, the company reported a quarterly loss of 22 cents per share, missing analyst estimates for a loss of 13 cents per share. IonQ achieved $28 million in new bookings in Q2 and ended the quarter with $509.2 million in cash, equivalents, and investments. The company raised its full-year revenue outlook to a range of $18.9 million to $19.3 million and its full-year 2023 bookings expectations to a range of $49 million to $56 million. Despite these positive results, IonQ shares fell in after-hours trading due to the earnings miss.