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Ionq, Inc. (IONQ)
:IONQ
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.26Last Year’s EPS
-0.19Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -17.91%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
IonQ reported strong revenue growth and strategic acquisitions, positioning itself for future expansion in quantum networking. However, increased operating costs, significant net losses, and adjusted EBITDA losses present financial challenges. The company's strategic moves and leadership changes suggest optimism for future growth, but financial headwinds temper the overall outlook.Company Guidance
During IonQ's fourth quarter and full-year 2024 earnings call, the company provided guidance indicating strong growth and strategic advancements. IonQ achieved a 47% increase in full-year bookings to $95.6 million and nearly doubled its revenue to $43.1 million, surpassing the high-end of its guidance range. The company also announced significant acquisitions, including the completion of Qubitekk, Inc., and a controlling stake in ID Quantique, adding nearly 300 quantum networking patents to its portfolio. IonQ plans to leverage these acquisitions to expand in quantum networking, aiming to build secure quantum communication products. For 2025, IonQ projected revenue between $75 million and $95 million and an adjusted EBITDA loss of $120 million. The company also highlighted strategic leadership changes, with Niccolo de Masi appointed as President and CEO, while Peter Chapman continues as Executive Chair.Record Growth in Bookings and Revenue
IonQ's full-year bookings grew by 47% to $95.6 million, and revenue nearly doubled to $43.1 million, with $11.7 million in the fourth quarter, exceeding the high-end of guidance.
Strategic Acquisitions and Expansion
IonQ acquired substantially all assets of Qubitekk, Inc., and announced a definitive agreement to acquire a controlling stake in ID Quantique, enhancing its position in quantum networking.
Strong Financial Position
IonQ reported cash, cash equivalents, and investments of $363.8 million as of December 31, 2024, and announced a $500 million at-the-market facility to bolster its capital for future growth.
New Leadership and Board Members
Niccolo de Masi appointed as President and CEO, with Gabrielle Toledano joining as a new director, bringing extensive experience to IonQ's leadership.
Advancements in Quantum AI and Partnerships
Progress in chemistry modeling with AstraZeneca and computer-aided engineering with Ansys; new partnership with General Dynamics Information Technology.
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IONQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IONQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $29.93 | $24.91 | -16.77% |
| Nov 06, 2024 | $16.45 | $22.11 | +34.41% |
| Aug 07, 2024 | $6.80 | $7.11 | +4.56% |
| May 08, 2024 | $8.78 | $9.20 | +4.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ionq, Inc. (IONQ) report earnings?
Ionq, Inc. (IONQ) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Ionq, Inc. (IONQ) earnings time?
Ionq, Inc. (IONQ) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IONQ EPS forecast?
IONQ EPS forecast for the fiscal quarter 2025 (Q1) is -0.26.
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