NASDAQ$QSI

Quantum-Si Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Quantum-Si reported financial results for the second quarter ending June 30, 2022.

Quantum-Si reported a net loss of $32.4 million and an adjusted EBITDA of negative $25.8 million for the second quarter of 2022. The company held $400.7 million in cash and cash equivalents and investments in marketable securities as of June 30, 2022.

  • Demonstrated recognition of 15 out of 20 amino acids, representing a path to more than 70% coverage of the human proteome.
  • Released an application note demonstrating the use of Quantum-Si’s PlatinumTM sequencing instrument to directly sequence arginine post-translational modifications.
  • Executing well on supply chain initiatives, including the build-up of PlatinumTM instrument inventory and scale-up of semiconductor chip and reagent kit production.
  • Increased efforts to manage costs and improve efficiencies, expecting operating expenses to grow 40-50% year-over-year in 2022, down from a prior expectation of 70-80%.

Headline financials

EPS (adj)

-$0.23

Previous: -$3.05+92.5%
Adjusted EBITDA

-$25.8M

Previous: -$15M-71.9%
Capital Expenditures

$2.96M

Previous: $729K+306.3%
Free Cash Flow

-$28.9M

Previous: -$19.9M-45.5%
Net Income

-$32.4M

Previous: -$35.7M+9.2%
Operating Income

-$30.2M

Previous: -$32.2M+6.1%
Cash & Equivalents

$81.3M

Previous: $522M-84.4%
Total Assets

$443M

Previous: $527M-15.9%
Stock-Based Comp

$3.77M

Previous: $9.99M-62.3%

Revenue & EPS history

Quantum-Si · Revenue · Quarterly

$258K

Q1 2026-69.4%vs Q1 2025
Beat estimate in 2 of 12 quarters(17%)
ActualEstimate

Forward guidance

The company expects operating expenses to grow 40-50% year-over-year in 2022.

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 Q2 2022

Historical avgQ2 2022

-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

Earnings price reactions
QuarterReport dateReaction (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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