future_tiger_cub
Nov 7, 12:21 PM
$QUBT QUBT is scheduled to report earnings on Monday in after-hours. But I found something interesting on their website. It looks like they accidentally published their Q3 2020 results. I don't know if this is common practice:
https://qci-preview.netlify.app/news/press-releases/2026/quantum-computing-inc.-reports-third-quarter-2026-financial-results
expected rev was 7.61 M. They reported 9.5 M. Which is a beat of 24.8%
EPS came in line with -0.07 USD
They increased their margin to 4.5% From -19.5% in Q1 to -21% in Q2. Allthough 4.5% is still very low.
Operating expenses are still high. But OpEx/Rev improved from 3.9x to 3.1x
Despite some of the negative points, I still think QUBT looks interesting from a valuation perspective.
Based on the June 2026 balance sheet, net cash and investments after liabilities amounted to approximately
$5.64 per share.
At a share price of around
$6.34, you're essentially paying just
$0.70 per share for the operating business.
$IONQ $RGTI $INFQ $QBTS
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