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$QBTS Q1 '25 Earnings Results & Recap
Q1 '25 reported a (0.02) loss, above estimates for a loss of ($0.04). Revenue came in at $15M, 40%+ higher than the $10.5M expected. The firm recorded revenue 500% higher than last years Q1.
The outlook is positive, driven by the quantum supremacy milestone and $300M cash on hand, though profitability remains uncertain given the high Q4 losses.9
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