Quantum-Si Q1 revenue $254K, orders $449K; appoints Jeff Keyes CFO

Quantum-Si Inc

2023-Q1 EPS reported -$0.17 revenue$254,000

Q1 2023 revenue $254,000 on orders of $449,000; gross margin 48.8%.
Net loss $23.6M vs $35.2M YoY; adjusted EBITDA -$23.7M.
Cash and investments $322.1M; runway into 2026.
Appointed Jeff Keyes as CFO effective May 15, 2023.
Expects revenue acceleration in H2 2023 based on robust business funnel.

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 first quarter ended March 31, 2023 results: revenue $254,000, net income $23.6 million.

Period: first quarter ended March 31, 2023
Revenue: $254,000
Net income: $23.6 million
Result: reported results

Exact text from the filing

a filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 brhc20052637_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Quantum-Si Reports First Quarter 2023 Financial Results Q1 2023 revenue $254,000 on orders of $449,000; gross margin 48.8% This was the Company’s first quarter of revenue generated on the sale of Platinum TM instruments and kits Expect revenue to accelerate

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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 0001140361-23-024152

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