QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 Financial Highlights, Business Updates
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is reporting on its financial results for fiscal second quarter ended June 30, 2023. Highlights of the report include $1.7 million in revenue, total bookings of $2.5 million, and a cash balance of more than $50 million. In addition, the company signed several new and expanded existing customer engagements with Forbes Global 2000 companies during the quarter, while also working with customers on a variety of new quantum and quantum-hybrid applications including media and advertising optimization, industrial construction, financial market performance predictions, transportation logistics and more. The company saw its…