D-Wave Quantum Q3 EPS $(0.12) Misses $(0.11) Estimate, Sales $2.56M Miss $2.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
D-Wave Quantum (NYSE:QBTS) reported Q3 earnings per share of $(0.12), missing the analyst consensus estimate of $(0.11) by 9.09%. The company also reported quarterly sales of $2.56 million, missing the analyst consensus estimate of $2.85 million by 10.11%. However, this represents a 51.15% increase over sales of $1.70 million from the same period last year.
November 09, 2023 | 12:10 pm
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D-Wave Quantum's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
D-Wave Quantum's Q3 earnings per share and sales both missed analyst estimates. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100