While D-Wave Quantum missed its Q1 2024 earnings and sales estimates, the significant year-over-year improvements in both metrics suggest a positive trajectory for the company. The earnings miss might initially disappoint investors, leading to potential short-term negative sentiment. However, the strong growth in sales and reduction in losses compared to the previous year could offset this negative sentiment by highlighting the company's improving financial health and growth potential. Therefore, the short-term impact on QBTS stock is assessed as neutral, considering both the negative impact of missing estimates and the positive impact of year-over-year growth.