Quantum Computing (NASDAQ:QUBT - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.47) 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 analyst estimates of $0.20 million. During the same period in the prior year, the company earned ($0.09) earnings per share.
Quantum Computing Price Performance
Shares of NASDAQ QUBT traded up $1.36 during trading on Monday, hitting $8.75. 23,662,530 shares of the company were exchanged, compared to its average volume of 15,796,413. The firm's fifty day moving average price is $8.10 and its 200 day moving average price is $6.41. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -30.17 and a beta of 3.26. Quantum Computing has a 1 year low of $0.35 and a 1 year high of $27.15.
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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