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News  ›  Benzinga

Quantum Computing (QUBT) Stock Surges On Q3 Earnings, Company To Unveil Neurawave Computer This Week

Benzinga Logo Benzinga By Adam Eckert
Quantum Computing (QUBT) Stock Surges On Q3 Earnings, Company To Unveil Neurawave Computer This Week

Quantum Computing Inc reported strong Q3 earnings, beating analyst estimates with 280% year-over-year revenue growth and plans to unveil its Neurawave photonics-based reservoir computing system at SuperCompute25.

Insights
GOOGL   neutral

Part of Magnificent Seven with significant market representation


QUBT   positive

Strong Q3 financial performance with revenue beating estimates, significant cash reserves, strategic technology development, and plans to demonstrate new computing system