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D-Wave Quantum Expects Q1 Bookings of at Least $4.3M

Author: Benzinga Newsdesk | March 28, 2024 07:03am

Fiscal Year 2024 and Q1 Outlook

Based on the information available on March 27, 2024, guidance for the full year 2024 and the first quarter is as follows and our guidance is subject to various cautionary factors described below:

Adjusted EBITDA Loss

  • We expect fiscal 2024 Adjusted EBITDA Loss3 to be less than the fiscal 2023 Adjusted EBITDA Loss of $54.3 million.

Bookings

  • We expect fiscal 2024 first quarter bookings to be at least $4.3 million.

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