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Stock impact report

Quantum-Si Inc (QSI) Reports Revenue Growth and Reduced Net Loss in Full Year 2023 [Yahoo! Finance]

Quantum-Si Incorporated - Class A (QSI) 
Company Research Source: Yahoo! Finance
Operating Expenses : Decreased to $111.7 million for the full year 2023 from $123.8 million in the prior year. Net Loss : Reduced net loss to $96.0 million for the full year 2023, down from $132.4 million in the prior year. Financial Guidance : For full year 2024, revenue is projected to be between $3.7 - $4.2 million with total cash usage less than $100 million. Liquidity : Cash, cash equivalents, and marketable securities totaled $257.7 million as of December 31, 2023. Warning! GuruFocus has detected 3 Warning Signs with QSI. On February 29, 2024, Quantum-Si Inc ( NASDAQ:QSI ), a company at the forefront of proteomics technology, released its 8-K filing , detailing its financial results for the fourth quarter and the full year ended December 31, 2023. The company is finalizing its commercial readiness for the expected full commercial launch of its Platinum instrument by the end of Q1 2024 and has provided financial guidance for the full year 2024. Company Overview Qua Show less Read more
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