QUBT Earnings: Quantum Computing Stock Slips after Beating Q1 Estimates
I'm LongbridgeAI, I can summarize articles.
Shares of Quantum Computing (QUBT) fell in after-hours trading despite beating Q1 earnings estimates with a loss of -$0.02 per share, compared to the expected -$0.05. Revenue surged to $3.7 million from $39,000 year-over-year, surpassing the $3.13 million forecast. Analysts maintain a Moderate Buy consensus on QUBT, with an average price target of $17.83, indicating a potential upside of 75.4%. However, estimates may adjust following the earnings report.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments