Quantum-Si reports Q3 net loss $31.7M; lowers OpEx growth guidance to 25-30%

Quantum-Si Inc

2022-Q3 EPS reported -$0.71

Net loss $31.7M vs $18.1M in Q3 2021; adjusted EBITDA -$22.9M vs -$17.5M.
Appointed Jeff Hawkins as CEO and director.
Platinum protein sequencer launch expected before 2022 year-end; shipments Q1 2023.
Lowered 2022 OpEx growth guidance to 25-30% from prior 40-50%.
Cash and marketable securities $372.1M as of Sep 30, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Quantum-Si Inc reported third quarter ended September 30, 2022 results: net income Net loss was $31.7 million. Guidance lowered.

Period: third quarter ended September 30, 2022
Net income: Net loss was $31.7 million
Guidance: lowered
Result: reported results

Exact text from the filing

On November 7, 2022, Quantum-Si Incorporated (the “Company”) issued a press release announcing its results for the third quarter ended September 30, 2022 and providing a business update.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Quantum-Si Inc filing history →

Source: SEC EDGAR

accession 0001140361-22-040307

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