D-Wave Releases Q2 Earnings Report

August 19, 2024 08:05:00

According to its latest earnings reports, D-Wave Quantum Inc. (NYSE: QBTS), a pioneering force in quantum computing solutions, is making headlines in tech. The company reported a 28% year-over-year revenue increase, indicating its leadership in all things related to quantum computing.

Before going any further, let’s break down the earnings. D-Wave reported $2.2 million in revenue this quarter, up from $1.7 million in the same period last year, a remarkable 28% jump. This is a giant leap and is not just a flash in the pan; the company is at its ninth consecutive quarter of year-over-year growth in…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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