D-Wave Reports Third Quarter 2024 Results
D-Wave Quantum Inc. Common Shares (QBTS)
Company Research
Source: Business Wire
Q3 QCaaS Revenue up 41% Year over YearFiscal YTD Revenue up 11% Year over YearFiscal YTD GAAP Gross Profit up 54% Year over Year PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024.“Annealing quantum computing is continuing to drive the commercial adoption of quantum technology,” said Dr. Alan Baratz, CEO of D-Wave. “Organizations around the world – from Vinci Energies in Europe to NTT DOCOMO in Japan – are recognizing the value our technology can bring right now in fueling new discoveries, facilitating operational excellence and driving measurable outcomes."Recent Business and Technical HighlightsAnnounced that Japan’s largest mobile phone operator, NTT DOCOMO, is planning production deployment of a hybrid-quantum application, built with D-Wave technology, for optimizing mobil
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News
- D-Wave Quantum Inc. (NYSE: QBTS) had its price target raised by analysts at Benchmark Co. from $3.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- D-Wave Quantum Inc. (NYSE: QBTS) had its price target raised by analysts at Craig Hallum from $2.50 to $9.00. They now have a "buy" rating on the stock.MarketBeat
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QBTS
Earnings
- 11/14/24 - Miss
QBTS
Sec Filings
- 12/20/24 - Form 144
- 12/18/24 - Form 8-K
- 12/16/24 - Form 8-K
- QBTS's page on the SEC website