Workflow
IonQ, Inc. (IONQ) Reports Q4 Loss, Tops Revenue Estimates
IONQIonQ(IONQ) ZACKS·2025-02-27 00:00

Company Performance - IonQ, Inc. reported a quarterly loss of 0.93pershare,significantlyworsethantheZacksConsensusEstimateofalossof0.93 per share, significantly worse than the Zacks Consensus Estimate of a loss of 0.25, representing an earnings surprise of -272% [1] - The company posted revenues of 11.71millionforthequarterendedDecember2024,exceedingtheZacksConsensusEstimateby28.1211.71 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 28.12%, compared to revenues of 6.11 million a year ago [2] - Over the last four quarters, IonQ has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Movement and Outlook - IonQ shares have declined approximately 28.8% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at -0.26forthecomingquarterand0.26 for the coming quarter and -1.15 for the current fiscal year [7] Industry Context - The Computer - Integrated Systems industry, to which IonQ belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact IonQ's stock performance [5]