Xanadu Quantum Technologies Reports Q3 Earnings Miss on Revenue and EPS
Xanadu Quantum Technologies Limited (NASDAQ: XNDU) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of -$0.11, missing estimates by $0.04, while revenue reached $1.3 million, falling significantly short of the projected $1.63 million. Despite the miss, Xanadu saw year-over-year revenue growth of 44.4%. The company maintains a strong liquidity position with $286.5 million in cash and cash equivalents as of September 30, 2026. Following the announcement, shares experienced a decline of 5.36% in after-hours trading.
Topics: earnings report EPS miss quantum computing revenue miss