D-Wave Quantum Inc. (NYSE:QBTS) shares are trading higher on Thursday.
Today, the company reported fourth-quarter adjusted earnings per share of 8 cents loss, missing the street view of 7 cents loss. Quarterly sales of $2.309 million (down 21% year over year), missing the analyst consensus estimate of $2.36 million.
Bookings for the fourth quarter were $18.3 million, an increase of 502% year over year.
Adjusted gross profit for the fourth quarter was $1.7 million, a decrease of 28% year over year. Adjusted gross …