IonQ Lifts Q4 Beat, Sends Upbeat Revenue Guidance Pushing Quantum Stocks Higher

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Source: Sherwood News
IonQ Lifts Q4 Beat, Sends Upbeat Revenue Guidance Pushing Quantum Stocks Higher
Photo: Sherwood News
TL;DR Summary

IonQ topped Q4 expectations with $61.9 million in revenue (vs. $40.38 million est) and an adjusted loss of $0.20 per share (vs. $0.23 loss). It issued stronger-than-expected sales guidance for Q1 ($48–$51 million) and the full year ($225–$245 million). The company also pegged a midpoint EBITDA range around -$320 million, modestly better than the consensus of about -$326 million. IonQ rose after hours, and investors noted its recent missile-defense contract as a potential positive development.

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