Quantum Computing Inc. ships first commercial entangled photon source to South Korean research institution, advancing quantum communication and cybersecurity technology.
Quarterly adjusted earnings per share of $0.47 and revenue of $388.43 million exceeded the consensus estimates of $0.37 and $380.42 million, respectively.
Quantum Computing Inc. will join Russell 3000 and 2000 indexes, gaining attention and potential exposure boost. QUBT stock has gained 80% in past month.
FiscalNote (NYSE: NOTE) to sell Australian subsidiary to Thomson Reuters (NASDAQ: TRI) for $6.5M. Supports strategy to streamline operations and refocus on core strengths. Maintains FY25 guidance.
Annualized recurring revenue, a key operating metric, jumped 48% YoY to $836 million, with the growth rate accelerating from the 46% pace in the previous quarter.
The Finchat-compiled consensus estimates call for adjusted earnings per share (EPS) of $1.06 and revenue of $235.64 million for the first quarter of the fiscal year 2025.
BofA said Playtika has the highest profitability in the industry, with 30% EBITDA margins, and it is the industry’s largest direct-to-consumer platform.
