earnings
confidence high
sentiment negative
materiality 0.75
Quantum-Si Q3 revenue $787k; CEO warns full-year revenue guidance unlikely
Quantum-Si Inc
2024-Q3 EPS reported
-$0.48
revenue$1,866,000
- Q3 2024 revenue $787k, gross margin 47%; net loss $25.3M vs $24.7M a year ago.
- CEO says full-year guided revenue of $3.7-$4.2M unlikely due to lengthening sales cycles.
- New library prep and barcoding kits remain on track for Q4 launch.
- Appointed Todd Bennett as CCO, John Vieceli as Chief Product Officer, Lindsay Thompson as CHRO.
- Adjusted EBITDA negative $24.5M in Q3 vs negative $22.6M a year ago.