Reports Q2 revenue $3.1M, consensus $2.54M. Bookings for the second quarter were $1.3M. “Our second quarter results show consistently strong performance across a multitude of technical and business metrics,” said Alan Baratz, CEO of D-Wave. “During the quarter, we brought to market our sixth-generation quantum computer, signed a memorandum of understanding related to the acquisition of an on-premises system in South Korea, completed physical assembly of the previously announced system at Davidson Technologies, introduced a collection of developer tools to advance quantum AI and machine learning innovation, and ended the quarter with a record $819 million in cash. We’re confident in our ability to continue delivering long-term value for our customers, partners and shareholders.”
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