earnings
confidence high
sentiment positive
materiality 0.80
IonQ Q3 revenue $6.1M, above guidance; cumulative bookings hit $100M; AFRL $25.5M system sale
IonQ, Inc.
2023-Q3 EPS reported
-$0.57
revenue$15,936,000
- Revenue $6.1M (+122% YoY), above previously provided high end of range.
- Q3 bookings $26.3M; YTD $58.4M; cumulative bookings surpass $100M since 2021.
- Signed $25.5M quantum networking system sale with US Air Force Research Lab (AFRL).
- Net loss $44.8M; Adjusted EBITDA loss $22.4M, includes $7.6M non-cash warrant liability charge.
- Cash and investments $485.1M; guidance for full year revenue and bookings increased again.