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“Euro-Q-Exa" quantum computer
A quantum computer, apparently (Sven Hoppe/Getty Images)

IonQ reports big Q4 revenue beat and better-than-expected sales guidance

The trapped-ion quantum computing company just reported quarterly results.

Luke Kawa

IonQ is rising in after-hours trading after posting much better-than-expected Q4 sales.

For Q4, the trapped-ion quantum computing company reported:

  • Revenue of $61.9 million (estimate: $40.38 million).

  • An adjusted loss per share of $0.20 (estimate: a $0.23 loss).

Sales guidance was also robust. For Q1, IonQ expects revenues to come in between $48 million and $51 million (estimate: $37.08 million) and full-year sales to range from $225 million to $245 million (estimate: $195.8 million).

The midpoint of management’s call for adjusted EBITDA between -$310 million and -$330 million is modestly better than the consensus projection of -$326.2 million.

IonQ, the largest pure-play quantum computing company by market cap, was down roughly 60% off its October closing high heading into this report.

The firm recently landed a missile defense contract, with the opportunity to get a piece of a $151 billion program.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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