D-Wave Reports Fourth Quarter and Year-End 2023 Results
D-Wave Quantum Inc. Common Shares (QBTS)
Company Research
Source: Business Wire
Q4 Revenue and FY Revenue up 21% and 22% Year over YearQ4 Bookings and FY Bookings up 34% and 89% Year over YearExpanding Gross Margins, Declining OpEx and Improving Net Loss and Adjusted EBITDA PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2023.“Our momentum is undeniable,” said Dr. Alan Baratz, CEO of D-Wave. “From our commercial traction to substantive product advancements, from our ground-breaking scientific milestones to new strategic partnerships — we believe all these achievements are propelling us forward to solidify D-Wave’s position as the commercial quantum category builder and leader.”Recent Business and Technical HighlightsBolstered the executive leadership team and Board of Directors to drive rapid growth and deliver strategic
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