IBN Coverage: D-Wave Quantum (NYSE: QBTS) Reports Strong Q4, 2024 Results with Increased Bookings and Cash Position [Yahoo! Finance]
D-Wave Quantum Inc. Common Shares (QBTS)
Company Research
Source: Yahoo! Finance
LOS ANGELES, CA - March 26, 2025 ( NEWMEDIAWIRE D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, reported financial performance for the fourth quarter and full-year 2024, highlighting significant growth in bookings and a strengthened cash position. The company announced that bookings for the year reached $23.9 million, a 128% increase from 2023. Fourth-quarter bookings were totaled $18.3 millionmore than a fivefold increase from Q4 2023 ( https://ibn.fm/T4BI5 D-Wave's 2024 bookings reached $23.9 million, a 128% increase from 2023, with Q4 bookings up 502% year-over-year. The company reported a cash position exceeding $300 million as of March 13, 2025. Significant technical and business milestones achieved in the past year include a quantum supremacy demonstration and the sale of an Advantage quantum computer to Julich Supercomputing Centre. New partnerships and customer projects were announced, spanning industries suc
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QBTS
Earnings
- 11/6/25 - Beat
QBTS
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- QBTS's page on the SEC website