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Quantum Computing (QUBT) Stock Surges 13% Post Q3 Earnings; Ownership Breakdown Revealed

Quantum Computing (QUBT) Stock Surges 13% Post Q3 Earnings; Ownership Breakdown Revealed

Author:

Global Cryptocurrency

Published:

2025-11-15 14:42:02

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BTCCSquare news:

Quantum Computing (QUBT) shares climbed 13% in after-hours trading following a stronger-than-anticipated third-quarter performance. Revenue hit $384,000, marking a significant year-over-year increase and surpassing estimates. The company reported earnings of $0.01 per share, defying expectations of a $0.06 loss. A robust cash position of $352 million provides ample runway for expansion.

CEO Yuping Huang emphasized progress in commercial traction, including NASA’s LiDAR program and a partnership with a major U.S. financial institution testing its quantum-AI platforms. Public and individual investors dominate ownership at 63.59%, with ETFs, insiders, and mutual funds holding smaller stakes.

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