Quantum Computing: Q1 reports initial revenue. We expect major acquisition of QPhoton to be positive for stock. Lowering P / T to $ 9.
Q1 initial revenue: Quantum recently (on May 23) reported its fiscal Q1 2022 (ending March) results. The company reported initial revenue of $ 0.03 million. EPS was $ (0.24), compared to our estimate of $ (0.16). There was no consensus estimates or company guidance. Still very early stage: Quantum’s recent financial performance is reflective of … Read more