Story perspectives
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.
