Quantum-Si Q2 2024 GAAP EPS $(0.16), Inline, Sales $622.000M Beat $679.500K Estimate
Portfolio Pulse from Benzinga Newsdesk
Quantum-Si (NASDAQ:QSI) reported Q2 2024 GAAP EPS of $(0.16), meeting analyst expectations. The company achieved quarterly sales of $622 million, significantly surpassing the $679.5 thousand estimate and marking a 303.31K percent increase from the same period last year.
August 07, 2024 | 9:30 pm
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Quantum-Si reported Q2 2024 GAAP EPS of $(0.16), in line with expectations. The company posted quarterly sales of $622 million, significantly beating the $679.5 thousand estimate and showing a 303.31K percent increase from the same period last year.
The significant beat on sales and the massive year-over-year increase in revenue are likely to positively impact QSI's stock price in the short term, despite the inline EPS.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100