NASDAQ$QSI
Quantum-Si Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Quantum-Si initiated full commercial launch of Platinum instrument and reaffirmed 2024 financial guidance.
Quantum-Si reported revenue of $457,000 for the first quarter of 2024 and commenced the full commercial launch of its Platinum instrument. The company reaffirmed its full year 2024 financial guidance and expects to launch version 3 of its sequencing kit by the end of Q3 2024.
- Reported revenue of $457,000 in Q1 2024.
- Initiated full commercial launch of Platinum instrument at the end of March 2024.
- On track to launch version 3 of its sequencing kit by the end of Q3 2024.
- Reaffirmed full year 2024 financial guidance.
Headline financials
Revenue & EPS history
Quantum-Si · Revenue · Quarterly
$457K
Forward guidance
The company reaffirmed its full year 2024 financial guidance.
Tailwinds
- Revenue between $3.7 million and $4.2 million
- Adjusted total operating expenses less than $103 million
- Total cash usage less than $100 million
- Cash runway into 2026
- Initiation of full commercial launch of Platinum
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-4.1%
Avg return
Earnings day
-4.3%
Avg return
5 days after
+1.5%
Avg return
30 days after
39%
9 / 23 earnings
Positive
+14.5%
Q3 2023
Best reaction
-39.5%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.5% | -8.3% | +1.0% | |
| Q4 2025 | -4.3% | -2.3% | -21.1% | |
| Q3 2025 | -8.5% | -12.2% | -20.0% | |
| Q1 2025 | +0.0% | -0.3% | +12.2% | |
| Q4 2024 | +6.2% | -0.8% | -10.8% | |
| Q3 2024 | -20.8% | -26.6% | +81.0% | |
| Q2 2024 | -2.8% | -4.8% | +4.5% | |
| Q1 2024 | -5.6% | +1.7% | -17.8% | |
| Q4 2023 | +6.3% | -7.5% | +13.2% | |
| Q3 2023 | +14.5% | +29.0% | +26.6% | |
| Q2 2023 | -39.5% | -34.8% | -31.9% | |
| Q1 2023 | -13.5% | -15.3% | -1.8% | |
| Q4 2022 | -12.5% | -26.4% | -27.8% | |
| Q3 2022 | +3.2% | +26.8% | -7.6% | |
| Q2 2022 | -6.0% | +9.7% | -14.4% | |
| Q1 2022 | -14.9% | -9.1% | +3.0% | |
| Q4 2019 | +6.2% | -3.8% | +12.5% | |
| Q4 2021 | +6.8% | -9.5% | +13.1% | |
| Q3 2021 | +1.2% | +1.4% | -21.5% | |
| Q2 2021 | +1.9% | +4.4% | +14.2% | |
| Q2 2020 | +1.9% | +4.4% | +14.2% | |
| Q1 2021 | -7.6% | -18.7% | +28.5% | |
| Q4 2020 | -1.1% | +5.0% | -13.8% | |
| Q3 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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