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Quantum-Si (QSI)
NASDAQ:QSI
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.15Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: 12.31%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
Quantum-Si reported strong revenue growth and expanded its customer base and distribution channels in 2024. Significant scientific advancements were made, with multiple publications and new product launches. However, challenges such as NIH funding uncertainty and long sales cycles remain. Despite these challenges, the company maintains a strong financial position and strategic partnerships, providing confidence moving forward.Company Guidance
During the Quantum-Si earnings call for the fourth quarter of 2024, the company outlined significant milestones and guidance for 2025. Quantum-Si reported $1.2 million in revenue for Q4 2024, marking a 52% increase over Q3 2024 and a 183% increase year-over-year, with full-year revenue totaling $3.1 million. The company highlighted its strategic priorities, including accelerating commercial adoption, enhancing its innovation roadmap, and maintaining financial strength. They achieved a milestone in Q4 by selling their fiftieth Platinum instrument and reported a gross margin of 51% for the quarter. For 2025, Quantum-Si expects revenue of at least $900,000 in Q1, representing 100% growth year-over-year, with adjusted operating expenses projected to be $103 million or less, and estimated cash usage for the year to be $95 million or less. The company also announced a cash runway into the second half of 2027, bolstered by a recent $50 million capital raise. Quantum-Si plans to continue expanding its international distribution network and anticipates launching a version four sequencing kit in the third quarter of 2025 to further increase its proteome coverage.Record Revenue Growth
Fourth quarter 2024 revenue reached $1.2 million, marking a 52% increase over the third quarter and a 183% year-over-year increase. Total annual revenue for 2024 was $3.1 million.
Expansion of Customer Base and Distribution
Diversified customer base to include academic, biotech, pharma, government, and contract research organizations, alongside expanding international distribution channels with 18 partners.
Scientific Advancements and Publications
Four manuscripts submitted for peer review, demonstrating significant advancements in protein sequencing technology and its applications, including detection of proteoform variation.
Launch of New Products
Introduction of new sequencing kits, a barcoding kit, and the launch of Platinum Pro, offering enhanced processing capabilities and user applications.
Strategic Partnerships and Financial Position
Formed strategic partnerships, raised significant capital, and maintained a strong financial position with $209.6 million in cash and cash equivalents, extending cash runway into 2027.
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QSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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QSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $1.30 | $1.38 | +6.15% |
| Nov 12, 2024 | $1.00 | $0.78 | -22.00% |
| Aug 07, 2024 | $0.82 | $0.85 | +3.66% |
| May 09, 2024 | $1.83 | $1.70 | -7.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Quantum-Si (QSI) report earnings?
Quantum-Si (QSI) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Quantum-Si (QSI) earnings time?
Quantum-Si (QSI) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QSI EPS forecast?
QSI EPS forecast for the fiscal quarter 2025 (Q1) is -0.15.
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