Quantum-Si Inc reports results for the quarter - Earnings Summary

Quantum-Si

12/11/2024 15:33

* Quantum-Si Inc  QSI.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter , lower than the same quarter
last year, when the company reported EPS of -17 cents.  The mean
expectation of two analysts for the quarter was for a loss of 19
cents per share. Wall Street expected results to range from -21
cents to -18 cents per share.
    * Revenue rose 252.9% to $787.00 thousand from a year ago;
analysts expected $1.08 million. 
    * Quantum-Si Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The company reported a quarterly loss of $25.31 million.
    * Quantum-Si Inc shares had risen by 13.3% this quarter and
lost 50.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "hold."

Wall Street's median 12-month price target for Quantum-Si Inc is
$2.75 
This summary was machine generated from LSEG data November 12 at
03:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.19          -0.18          Beat
 Jun. 30 2024      -0.19          -0.16          Beat
 Mar. 31 2024      -0.20          -0.14          Beat
 Dec. 31 2023      -0.18          -0.16          Beat