(Updates with the company's latest stock move in the headline and in the first paragraph.)
Quantinuum (QNT) shares were up 23% in Wednesday trading after the company reported higher-than-expected Q2 revenue and guided its full-year revenue above analyst expectations late Tuesday.
The quantum computing company reported a quarterly adjusted loss late Tuesday of $0.28 per diluted share.
Analysts polled by FactSet expected a loss of $0.26.
Revenue in the three months ended June 30 rose to $8 million from $2.11 million a year earlier.
Analysts projected $7.6 million.
The company expects 2026 revenue of $28 million to $32 million. Analysts project $26.5 million.
Price: $69.07, Change: $+13.01, Percent Change: +23.21%