D-Wave Quantum reports Q3 adjusted EPS (5c), consensus (7c)

Reports Q3 revenue $3.74M, consensus $3.03M. “Our strong third quarter results reflect the momentum we see building across every aspect of our business, with key metrics, including revenue, gross profit, bookings and cash balance, clearly indicating D-Wave’s success in accelerating global quantum computing adoption,” said Dr. Alan Baratz, CEO of D-Wave. “The world is watching quantum, and specifically D-Wave, as we deliver quantum computing’s value to businesses, researchers and governments now, while advancing the technology for even greater impact and scale in the future.”