IonQ (NYSE:IONQ | IONQ Price Prediction) and D-Wave Quantum (NYSE:QBTS) reported second-quarter results one day apart in August.
IonQ’s revenue jumped on the back of a broad trapped-ion platform.
Trapped Ions Bring In Revenue While Annealing Piles Up Bookings IonQ’s revenue rose 286.8% to $80.05M, beating the $66.42M consensus.
Fourth-Quarter Deliveries Will Test Both Stories D-Wave expects fourth-quarter revenue to make up the majority of the year’s total.
IonQ is down 30.33% this year and D-Wave is down 54.95%, a steeper fall than IonQ’s.