NASDAQ$QSI

Quantum-Si Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Quantum-Si reported financial results for Q4 2022, highlighted by the launch of Platinum and strategic partnerships.

Quantum-Si Incorporated reported a net loss of $33.14 million for the fourth quarter of 2022. The company launched Platinum, its benchtop protein sequencer, and executed multiple industry collaborations. They expect cash runway into 2026.

  • Launched Platinum, the world’s first next-generation single-molecule protein sequencing system, in December 2022.
  • Hired Grace Johnston, Ph.D. as Chief Commercial Officer and added key sales and market development personnel.
  • Partnered with Aviva Systems Biology to co-develop sample preparation kits for protein sequencing research workflows with Platinum.
  • Announced a partnership and license agreement with Biovista to integrate Biovista’s database and visualization technology into Quantum-Si’s Cloud analytics.

Headline financials

EPS (adj)

-$0.17

Previous: -$0.21+19.0%
Adjusted EBITDA

-$24.5M

Previous: -$20.4M-20.0%
Capital Expenditures

$3.5M

Previous: $3.41M+2.7%
Free Cash Flow

-$23.1M

Previous: -$21.1M-9.4%
Net Income

-$33.1M

Previous: -$29.4M-12.6%
Operating Income

-$38.8M

Previous: -$27.8M-39.8%
Cash & Equivalents

$84.3M

Previous: $35.8M+135.6%
Total Assets

$391M

Previous: $503M-22.2%
Stock-Based Comp

$4.11M

Previous: $7.08M-42.0%

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

Quantum-Si plans to begin beta testing for CarbonTM in Q2 2023 and expects non-GAAP operating expenses to be approximately flat in 2023.

Tailwinds

  • Begin beta testing for CarbonTM in Q2 2023.
  • Launch CarbonTM in the second half of the year.
  • Committed to preserving financial strength.
  • Continue investments in R&D and commercialization.
  • Expects non-GAAP operating expenses to be approximately flat in 2023.

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 Q4 2022

Historical avgQ4 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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