Quantum Computing (QUBT) Projected to Post Quarterly Earnings on Monday

Quantum Computing (NASDAQ:QUBT) is projected to announce its earnings results before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $0.20 million for the quarter.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings results on Thursday, March 20th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.42). 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 previous year, the business earned ($0.09) EPS.

Quantum Computing Price Performance

QUBT stock opened at $7.39 on Monday. The business has a 50 day simple moving average of $8.10 and a 200-day simple moving average of $6.41. The firm has a market capitalization of $1.01 billion, a PE ratio of -25.48 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

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.