IonQ, Inc. (IONQ) Reports Q3 Loss, Tops Revenue Estimates
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IonQ, Inc. (IONQ) reported a Q3 loss of $0.24 per share, slightly worse than the Zacks Consensus Estimate of a $0.23 loss. However, the company exceeded revenue expectations.
November 07, 2024 | 12:15 am
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NEUTRAL IMPACT
IonQ reported a Q3 loss of $0.24 per share, slightly missing the consensus estimate of $0.23. Despite the earnings miss, IonQ exceeded revenue expectations, which could mitigate negative sentiment.
IonQ's earnings per share were slightly below expectations, which could negatively impact the stock price. However, the revenue beat may offset some of the negative sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100