09:17 AM EDT, 05/08/2025 (MT Newswires) -- D-Wave Quantum ( QBTS ) reported a Q1 net loss Thursday of $0.02 per diluted share, narrower than its $0.11 loss a year earlier.

Three analysts polled by FactSet expected a loss of $0.05.

Revenue for the quarter ended March 31 was $15 million, up from $2.5 million a year earlier.

Analysts surveyed by FactSet expected $10.5 million.