Quantum Computing Inc. Reports Record Q3 Revenue of $9.5 Million and Announces Dirac-3S Shipments
Quantum Computing Inc. (QUBT) reported record revenue of $9.5 million for the third quarter, driven largely by growth in its photonics business segment. CEO Yuping Huang noted that recent acquisitions have successfully integrated new products and expanded the company's existing customer base. The company is transitioning into a key delivery phase, expecting the first shipments of its Dirac-3S system to occur in the fourth quarter. Additionally, management has outlined plans for an NHanced expenditure ranging between $70 million and $80 million, scheduled to be completed by March 31.
Tickers: $QUBT
Topics: acquisitions earnings quantum computing revenue growth