IonQ Delivers Mixed Results in Its First Earnings Report Since Going Public

…Quantum computing company Ionq Inc. delivered its first quarterly financial results since going public today, beating Wall Street’s estimates on revenue but missing on earnings…

…The company reported a net loss in the fourth quarter of $106.2 million, or 39 cents per share. Revenue for the period came to $1.65 million, higher than its own forecast of $900,000 in revenue. Wall Street had been looking for a smaller loss of just one cent per share on revenue of $1.14 million, so the results were mixed at best…

…Though it’s losing a lot of money, IonQ President and Chief Executive Peter Chapman said the company’s performance in the last year was “outstanding.”….

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