Key Metrics
10.0
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-09-17
Key Impacts
Positive Impacts (6)
Event Overview
The report highlights a significant increase in sales for a quantum computing firm, reflecting growing market interest. The company's strategic focus on customer acquisition and education aims to further drive adoption. An executive's recent stock sale adds a layer of financial activity to the narrative.
Collect Records
D-Wave Quantum Reports Strong Second-Quarter Sales and Discusses Market Strategy
D-Wave Quantum, a quantum computing company, reported better-than-expected second-quarter sales of $3.1 million, nearly doubling its bookings compared to the same period last year. CEO Alan Baratz discussed the company's strategy to penetrate more of the market by acquiring new customers and helping them understand the value of quantum computing for their business. The company's CFO, John M. Markovich, sold 50,000 shares on September 11th at an average price of $16.30, totaling $815,000, but still owns 1,599,511 shares. D-Wave Quantum has a market capitalization of $6.48 billion, a P/E ratio of 18.06, and a beta of 1.39. The stock's 1-year low is $0.87 and its 1-year high is $20.56. In its latest quarterly earnings report, the company reported an EPS of $(0.08), missing analyst estimates by $(0.03).