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Quantum Computing Shares Surge 10.66% on Stellar Earnings

11/18/2025

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Story summary
  • Quantum Computing Inc (NASDAQ:QUBT) shares increased by 10.66% to $11.73 on Monday following strong third-quarter financial results.
  • The company reported revenue of $384,000, exceeding analyst estimates of $117,000, and earnings of 1 cent per share, surpassing expectations of a 6-cent loss.
  • This represents a 280% year-over-year revenue increase, attributed to research and development services and custom hardware contracts.
  • Interim CEO Yuping Huang noted progress in commercial and government relationships and announced the Neurawave system's upcoming unveiling at SuperCompute25.
  • Quantum Computing ended the quarter with $352.4 million in cash, an increase from $273.5 million in 2024.