NasdaqCM:QUBTTech
Quantum Computing (QUBT): Sales Decline With US$36 Million Net Loss in Earnings Report
Quantum Computing (QUBT) announced considerable second-quarter financial setbacks, with sales dropping by 67% year-over-year and a net loss widening significantly. However, during the period, the company also marked important milestones, including securing a contract with the National Institute of Standards and Technology and shipping its first commercial entangled photon source. These developments coincided with a period where the Dow hit record highs, although the S&P 500 and Nasdaq...