HLSE:IQMXTech
IQM (HLSE:IQMX) Stock Price Slides As Losses Deepen Despite Revenue Growth
IQM Quantum Computers Oyj stock has been under pressure, with the share price down about 34% over the past month. Yet the latest results will likely keep long term investors focused on one thing. The quantum hardware specialist is still burning cash and reporting heavy losses, and that loss widened year on year in euro terms. Q2 revenue reached €6.683 million, which keeps the growth story alive, but the net loss of €36.554 million underlines how much capital this model still absorbs.
The...