IonQ Inc (NYSE:IONQ) shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fourth-quarter results. Here’s what you need to know.
What To Know: IonQ reported second-quarter revenue of $6.11 million, which beat the consensus estimate of $5.76 million, according to Benzinga Pro. The quantum computing company reported a quarterly loss of 20 cents per share, which missed analyst estimates for a loss of 19 cents per share.
IonQ said it achieved $6.7 million of new bookings in the fourth quarter. The company ended the quarter with $455.9 million in cash, equivalents and investments.
“IonQ had a landmark year in 2023, meeting and exceeding our financial expectations, and accomplishing ...