D-Wave Quantum sees FY24 adjusted EBITDA loss less than last year’s $54.3M

“We are reiterating the full year 2024 Adjusted EBITDA Loss financial guidance set forth in our August 9 fiscal 2024 second quarter earnings press release. Our guidance is subject to various cautionary factors described below. Based on the information available on November 14 guidance for the full year 2024 is as follows: Adjusted EBITDA Loss We expect fiscal 2024 Adjusted EBITDA Loss to be less than the fiscal 2023 Adjusted EBITDA loss of $54.3 million. In addition, we are providing guidance with respect to the fiscal 2024 fourth quarter as follows: We expect the fourth quarter Revenue to improve over the third quarter Revenue. We expect the fourth quarter Bookings to improve over the third quarter Bookings,” said D-Wave Quantum (QBTS).