D-Wave Quantum: Ratings Upgraded Into First-Ever Investor Day
D-Wave Quantum Inc. is nearing a significant commercialization milestone, with a notable increase in bookings. The company reported first-quarter bookings of $33.4 million, indicating strong market interest. An upcoming investor day on June 1 is anticipated to further boost investor confidence.
- ▪D-Wave Quantum Inc. reported Q1 bookings of $33.4 million, a substantial increase from the previous year.
- ▪The company expects to achieve 2-3 system sales per year, demonstrating early market traction.
- ▪Despite a nearly 90% year-over-year revenue decline, the surge in bookings suggests a positive outlook.
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