D-Wave Quantum Q4 EPS $(0.10), Inline, Sales $2.91M Miss $4.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
D-Wave Quantum (QBTS) reported Q4 earnings with EPS of $(0.10), meeting analyst estimates, but missed revenue forecasts with $2.91M against an expected $4.73M. Year-over-year, sales increased by 21.08% from $2.40M.
March 28, 2024 | 11:01 am
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D-Wave Quantum reported Q4 EPS of $(0.10), in line with estimates, but missed revenue expectations with $2.91M against a forecast of $4.73M, marking a 21.08% YOY sales increase.
Missing revenue forecasts significantly, especially by 38.56%, is likely to negatively impact investor sentiment in the short term, despite meeting EPS estimates and showing YOY sales growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100