D-Wave Quantum's Q1 Net Loss Narrows, Revenue Rises-July 2024-www.financetom.com

D-Wave Quantum's Q1 Net Loss Narrows, Revenue Rises

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D-Wave Quantum's Q1 Net Loss Narrows, Revenue Rises

May 26, 2025 4:10 AM

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.

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