Quantum-Si Inc Q4 Loss Increases, Misses Estimates

Quantum-Si Inc (QSI) reported Loss for its fourth quarter that increased from the same period last year and missed the Street estimates.

The company's bottom line came in at -$33.12 million, or -$0.23 per share. This compares with -$22.05 million, or -$0.16 per share, last year.

Analysts on average had expected the company to earn -$0.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 197.5% to $1.19 million from $0.40 million last year.

Quantum-Si Inc earnings at a glance (GAAP) :

-Earnings: -$33.12 Mln. vs. -$22.05 Mln. last year.
-EPS: -$0.23 vs. -$0.16 last year.
-Revenue: $1.19 Mln vs. $0.40 Mln last year.

by RTTNews Staff Writer

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