QSI - Quantum-Si GAAP EPS of -$0.23 beats by $0.02

• Quantum-Si press release ( NASDAQ: QSI ): Q3 GAAP EPS of -$0.23 beats by $0.02 .
• As of September 30, 2022, cash and cash equivalents and investments in marketable securities were $372.1 million.
• Outlook: The Company expects to launch its Platinum protein sequencing instrument and start taking orders before the end of 2022 and begin shipments in Q1 2023.
• We continue to increase our efforts to manage costs and improve efficiencies and are lowering our operating expense guidance for a second consecutive time. We now expect operating expenses to grow 25-30% year-over-year in 2022, down from a prior expectation of 40-50%.

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