IonQ Q2 2024 GAAP EPS $(0.18) Beats $(0.21) Estimate, Sales $11.381M Beat $8.657M Estimate
Portfolio Pulse from Benzinga Newsdesk
IonQ (NYSE:IONQ) reported Q2 2024 GAAP EPS of $(0.18), beating the $(0.21) estimate, and sales of $11.381M, surpassing the $8.657M estimate. This represents an 18.18% improvement in EPS and a 106.36% increase in sales compared to the same period last year.
August 07, 2024 | 8:47 pm
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POSITIVE IMPACT
IonQ reported better-than-expected Q2 2024 results with EPS of $(0.18) beating the $(0.21) estimate and sales of $11.381M surpassing the $8.657M estimate. This indicates strong financial performance and growth.
IonQ's better-than-expected EPS and significant sales growth indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100