D-Wave Quantum reports Q4 EPS (10c), consensus (10c)

Reports Q4 revenue $2.91M, consensus $4.73M. Bookings for the fourth quarter were $3.1M, an increase of $0.8M, or 34%. “Our momentum is undeniable,” said Alan Baratz, CEO of D-Wave. “From our commercial traction to substantive product advancements, from our ground-breaking scientific milestones to new strategic partnerships – we believe all these achievements are propelling us forward to solidify D-Wave’s position as the commercial quantum category builder and leader.”