Ionq: a stock with false expectations


IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting an industry-leading 29 algorithmic qubits.
First Q1, 2023 financials were disappointing. Revenue at $4.3 ml, net loss $27.3ml and EBITDA minus $15.9 ml. For full year 2023 company expects revenue between $18.8-$19.2 ml.
These numbers are bearish to me. Stock should decline.


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