D-Wave Quantum Reported Q4 Bookings of $3.1M, up by 34% YoY
Portfolio Pulse from Benzinga Newsdesk
D-Wave Quantum reported a 34% year-over-year increase in Q4 bookings, totaling $3.1M, marking its seventh consecutive quarter of growth.
March 28, 2024 | 11:05 am
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D-Wave Quantum's Q4 bookings increased by 34% YoY to $3.1M, indicating strong growth momentum.
The reported 34% year-over-year increase in Q4 bookings for D-Wave Quantum demonstrates a strong growth trajectory, which is likely to positively influence investor sentiment and potentially the stock price of QBTS in the short term. The fact that this marks the seventh consecutive quarter of growth further solidifies the company's upward momentum, making it an important piece of information for investors.
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