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D-Wave Quantum Stock Soars 35% After 509% Revenue Surge

5/9/2025

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Summary

Story summary

D-Wave Quantum (QBTS) saw its stock soar by 35%, reaching $9.28, following an impressive Q1 revenue of $15 million—a staggering 509% increase. With a reduced net loss of $5.4 million and a significant $12.2 million deal with Germany's Jülich Supercomputing Centre, the company is positioned for a promising future with a robust cash balance of $304.3 million.

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Story summary

D-Wave Quantum (QBTS) saw its stock soar by 35%, reaching $9.28, following an impressive Q1 revenue of $15 million—a staggering 509% increase. With a reduced net loss of $5.4 million and a significant $12.2 million deal with Germany's Jülich Supercomputing Centre, the company is positioned for a promising future with a robust cash balance of $304.3 million.