earnings
confidence high
sentiment positive
materiality 0.90
IonQ beats Q3 with $12.4M rev (+102% YoY), raises FY guide; $63.5M bookings; agrees to buy Qubitekk
IonQ, Inc.
2024-Q3 EPS reported
-$0.61
revenue$31,363,000
- Q3 revenue $12.4M (above guidance high end), +102% YoY from $6.1M.
- Full-year 2024 revenue guidance raised to $38.5M-$42.5M.
- Q3 bookings $63.5M, including largest U.S. quantum contract of $54.5M from AFRL.
- Definitive agreement to acquire Qubitekk, a quantum networking company.
- Partnerships with AstraZeneca (drug discovery), Ansys (CAE), and Univ. of Maryland.