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NASDAQ:QUBT

Quantum Computing Q2 2024 Earnings Report

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$8.50 -0.55 (-6.08%)
Closing price 08/18/2026 04:00 PM Eastern
Extended Trading
$8.58 +0.08 (+0.94%)
As of 04:34 AM Eastern
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Quantum Computing EPS Results

Actual EPS
-$0.06
Consensus EPS
-$0.08
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

Quantum Computing Revenue Results

Actual Revenue
$0.18 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Quantum Computing Announcement Details

Quarter
Q2 2024
Time
TAS
Conference Call Date
Tuesday, October 1, 2024
Conference Call Time
6:00PM ET

Quantum Computing Earnings Headlines

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About Quantum Computing

Quantum Computing (NASDAQ:QUBT) (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields. Complementing this, Qrystal Cloud is a cloud-based service that enables users to access a range of quantum hardware backends alongside proprietary software tools, facilitating hybrid quantum-classical workflows without requiring in-house quantum infrastructure.

Quantum Computing’s solutions are deployed across commercial and public sector organizations in North America and Europe, offering accelerated modeling, simulation and optimization capabilities for scenarios that challenge traditional high-performance computing systems. Through strategic partnerships with research institutions, cloud providers and industry consortia, the company supports clients in evaluating quantum-ready applications and integrating advanced computing techniques into existing IT environments.

Led by a management team with expertise in quantum information science, high-performance computing architecture and enterprise software development, Quantum Computing Inc. continues to expand its product portfolio and pursue collaborations aimed at refining fault-tolerant quantum algorithms and accelerating the adoption of quantum-enhanced services in real-world use cases.

View Quantum Computing Profile