IonQ Q4/FY2023 rev $22M above guidance; bookings $65.1M +166% YoY; adds two directors

IonQ, Inc.

2023-FY EPS reported -$0.78 revenue$22,042,000

Revenue $22.0M FY2023 (98% YoY growth), above high-end guidance; Q4 revenue $6.1M at high end.
Full-year bookings $65.1M, 166% growth vs $24.5M prior year; pipeline strengthening for 2024.
Net loss $157.8M FY2023; Adjusted EBITDA loss $77.7M, ahead of financial outlook.
Appointed Robert Cardillo (former NGA Director) and William Scannell (Dell President) to Board, effective Feb 26, 2024.
Technical milestone: reached #AQ 36 in Jan 2024; achieved first major milestone on photonic interconnects for networked QPUs.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Robert Thomas Cardillo

Director

IONQ · IonQ, Inc.

Effective: 2024-02-26
Filed: February 28, 2024, 6:59 PM ET

On February 26, 2024, the Board of Directors (the “ Board ”) of the Company increased the size of the Board from nine to ten directors and, following the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Robert Thomas Cardillo and William Francis Scannell to serve as members of the Board, effective on February 26, 2024.

Appointed

William Francis Scannell

Director

IONQ · IonQ, Inc.

Effective: 2024-02-26
Filed: February 28, 2024, 6:59 PM ET

On February 26, 2024, the Board of Directors (the “ Board ”) of the Company increased the size of the Board from nine to ten directors and, following the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Robert Thomas Cardillo and William Francis Scannell to serve as members of the Board, effective on February 26, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IonQ, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Period: the fourth quarter and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 28, 2024, IonQ, Inc. (the “ Company ”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Thomas Cardillo was appointed as Director at IonQ, Inc..

Action: appointed
Role: Director

Exact text from the filing

On February 26, 2024, the Board of Directors (the “ Board ”) of the Company increased the size of the Board from nine to ten directors and, following the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Robert Thomas Cardillo and William Francis Scannell to serve as members of the Board, effective on February 26, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William Francis Scannell was appointed as Director at IonQ, Inc..

Action: appointed
Role: Director

Exact text from the filing

On February 26, 2024, the Board of Directors (the “ Board ”) of the Company increased the size of the Board from nine to ten directors and, following the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Robert Thomas Cardillo and William Francis Scannell to serve as members of the Board, effective on February 26, 2024.

View on SEC.gov

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IonQ, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-022062

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