Quantum Computing (NASDAQ:QUBT) Releases Earnings Results, Misses Estimates By $0.42 EPS

Quantum Computing (NASDAQ:QUBT - Get Free Report) issued its earnings results on Thursday. The company reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.42), RTT News reports. During the same period in the prior year, the business earned ($0.09) earnings per share.Get Quantum Computing alerts:Quantum Computing Stock Down 11.7 %2 Underrated Quantum Computing Companies Starting to RallyNASDAQ QUBT traded down $0.98 on Thursday, reaching $7.39. The company had a trading volume of 35,124,269 shares, compared to its average volume of 15,548,500. The stock has a market capitalization of $1.01 billion, a P/E ratio of -25.48 and a beta of 3.26. The company's fifty day moving average is $8.19 and its 200 day moving average is $6.27. Quantum Computing has a 52-week low of $0.35 and a 52-week high of $27.15. About Quantum Computing (Get Free Report)Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.Featured StoriesFive stocks we like better than Quantum ComputingThe How and Why of Investing in Gold StocksEverything About Amazon Stock Signals a Buy—Time to Load Up?Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness 5 Reasons Five Below’s Stock Price Is Heading Higher This YearWhat is the S&P 500 and How It is Distinct from Other IndexesBroadcom: Why the Chip Stock Remains a Top Long-Term AI PlayMarketBeat Week in Review – 12/9 - 12/13This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Quantum Computing Right Now?Before you consider Quantum Computing, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quantum Computing wasn't on the list.While Quantum Computing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here