Quantum Computing (NASDAQ:QUBT - Get Free Report) posted its earnings results on Thursday. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.42), RTT News reports. The firm had revenue of $0.06 million during the quarter, compared to analysts' expectations of $0.20 million. During the same quarter in the previous year, the business earned ($0.09) earnings per share.
Quantum Computing Trading Up 18.4 %
NASDAQ QUBT traded up $1.36 during trading on Monday, hitting $8.75. The company had a trading volume of 23,662,530 shares, compared to its average volume of 15,796,413. The company's fifty day moving average is $8.10 and its 200-day moving average is $6.41. Quantum Computing has a one year low of $0.35 and a one year high of $27.15. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -30.17 and a beta of 3.26.
About Quantum Computing
(
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Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.
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