IonQ ( (IONQ) ) has provided an announcement.
IonQ reported its financial results for the fourth quarter and full year of 2024, highlighting a significant year-over-year revenue growth of 95%, reaching $43.1 million. The company exceeded its financial guidance and secured $95.6 million in bookings for the year. IonQ also announced a definitive agreement to acquire a controlling stake in ID Quantique SA to bolster its leadership in quantum networking. The acquisition, along with strategic partnerships and expansions, positions IonQ as a prominent player in the global quantum industry, with a robust pipeline expected to drive future growth.
More about IonQ
IonQ is a leader in the quantum computing and networking industries, focusing on advancing quantum technology and expanding its global presence. The company is involved in developing quantum computing systems and solutions, with a strong emphasis on quantum networking, as evidenced by its strategic acquisitions and partnerships.
YTD Price Performance: -31.02%
Average Trading Volume: 26,548,681
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.43B
For a thorough assessment of IONQ stock, go to TipRanks’ Stock Analysis page.