Quantum Computing Stock Tumbles On Q4 Earnings: The Details

Quantum Computing Inc (NASDAQ:QUBT) shares are trading lower in Thursday’s after-hours session on the heels of the company’s fourth-quarter results. Here’s a rundown of the report.

Q4 Revenue: $62,000, versus estimates of $200,000

Q4 EPS: Loss of 47 cents, versus estimates for a loss of five cents

Fourth-quarter operating expenses totaled $8.9 million, up from $6.6 million year-over-year. Quantum Computing said it ended the quarter with $78.9 million in cash and cash ...