D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.10, delivering no surprise.Over the last four quarters, the company has not been abl ...

Exhibit 99.1 D-Wave Reports First Quarter 2024 Results Q1 Revenue up 56%Year over Year Q1 Bookings up 54% Year over Year Gross Profit up 294% Year over Year PALO ALTO, Calif. – May 13, 2024 – D-Wave Quantum Inc., (NYSE: QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its first fiscal quarter ended March 31, 2024. "D-Wave's first quarter revenue and bookings reflect growing customer demand for quantum and hybrid ...

For the fiscal year ended December 31, 2023 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ For the transition period from _______________ to _______________ Commission file number 001-41468 D-Wave Quantum Inc. (Exact name of registrant as specified in its charter) De ...

财务数据和关键指标变化 - 2023年第四季度收入为2.9亿美元,同比增长21% [35] - 2023年全年收入为8.8亿美元,同比增长22% [47] - 2023年第四季度非GAAP毛利为2.3亿美元,同比增长34% [39] - 2023年全年非GAAP毛利为6.1亿美元,同比增长27% [55] - 2023年第四季度非GAAP毛利率为80.2%,同比提升7.6个百分点 [41] - 2023年全年非GAAP毛利率为69.8%,同比提升2.5个百分点 [56] - 2023年第四季度非GAAP经营费用为1.32亿美元,同比下降17% [44] - 2023年全年非GAAP经营费用为6.04亿美元,同比增长15% [58] - 2023年全年净亏损为8.27亿美元,每股亏损0.60美元 [59] - 2023年全年调整后EBITDA亏损为5.43亿美元 [60] 各条业务线数据和关键指标变化 - 公司主要业务为提供量子计算即服务(QCaaS),不再销售量子计算系统 [50][51][52] - 2023年商业客户收入占总收入的70%,同比增加10个百分点 [49] - 2023年来自福布斯全球2000强客户的收入增长20% [49] 各个市场数据和关键指标变化 - 2023年公司总客户数为133家,其中商业客户78家,福布斯全球2000强客户27家 [49] - 公司正在加大在澳大利亚等亚太地区的市场拓展力度 [139][140] - 公司暂时不会进入中国市场,主要受地缘政治因素影响 [140] 公司战略和发展方向及行业竞争 - 公司专注于量子退火计算技术,在这一领域保持领先地位,未来几年内难有竞争对手 [11][12][142] - 公司正在加大在人工智能和机器学习领域的应用,与Zapata AI建立战略合作 [19][20] - 公司正在加强与政府部门的合作,获得政府支持和认可 [29] - 公司正在加强渠道合作伙伴关系,以加快市场拓展 [26][27][28] 管理层对经营环境和未来前景的评论 - 公司正在从学术探索向企业级应用转型,解决实际问题并为客户带来ROI [10][13] - 公司在量子计算商业化方面处于领先地位,已经实现量子优越性 [14][15][16] - 公司的量子计算技术可以帮助客户解决当前最紧迫的问题,不需要等待5年以上 [13] - 公司看好未来量子计算和人工智能的结合,将带来重大技术突破 [19][20] - 公司正在加大销售和市场推广力度,以加快客户应用从概念到量产的转化 [27][28] 其他重要信息 - 公司现金余额为4.13亿美元,2023年共筹集9000万美元资金 [61][62][63] - 公司最新一代1200多量子比特的Advantage2系统已经投入使用,性能大幅提升 [17][18] - 公司预计2024年调整后EBITDA亏损将小于2023年 [68] - 公司2024年第一季度订单预计至少为4.3百万美元,同比增长至少36% [67] 问答环节重要的提问和回答 问题1 **Suji Desilva 提问** 询问QCaaS合同的期限和收入确认方式 [72][73] **John Markovich 回答** QCaaS合同期限从几个月到几年不等,收入按合同期限平均确认 [73][74] 问题2 **David Williams 提问** 询问量子优越性研究结果的意义和影响 [85][86] **Alan Baratz 回答** 该研究成果已提交同行评议,获得了广泛正面反馈,显示公司在量子计算领域的领先地位 [86][87] 问题3 **Harsh Kumar 提问** 询问公司在人工智能和机器学习方面的进展 [99][100][101] **Alan Baratz 回答** 公司与Zapata AI合作,利用Advantage2系统在生命科学等领域取得突破性进展,未来将拓展到更广泛的应用 [101][102][103][104]

• Bolstered the executive leadership team and Board of Directors to drive rapid growth and deliver strategic execution with the addition of Lorenzo Martinelli, Chief Revenue Officer, the promotion of Dr. Trevor Lanting to Chief Development Officer, and the addition of Secretary Kirstjen Nielsen, former Secretary of Homeland Security, to the Board of Directors. • Entered into a multi-year strategic collaboration with Zapata AI to advance quantum-enabled machine learning, initially focused on building quantum ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Table of Contents OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ and ____________ Commission file number 001-41468 D-WAVE QUANTUM INC. (Exa ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ and ____________ Commission file number 001-41468 ________________________ D-WA ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ and ____________ Commission file number 001-41468 ________________________ D-W ...

D-Wave Quantum Inc. (NYSE:QBTS) Q1 2023 Earnings Conference Call May 19, 2023 8:00 AM ET Company Participants Kevin Hunt - Investor Relations Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Conference Call Participants David Williams - Benchmark Company Harsh Kumar - Piper Sandler Richard Shannon - Craig-Hallum Capital Group Kevin Garrigan - WestPark Capital Suji Desilva - Roth Capital Partners Quinn Bolton - Needham & Company Operator Hello and welcome to the D-Wave Q1 2023 E ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from _______________ to _______________ Commission file number 001-41468 D-Wave Quantum Inc. (Exact name of registrant as specified in its charter) De ...