OTC$ZPTA
Zapata Quantum Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Zapata AI announced financial results for the second quarter of 2024 and provided a business update.
Zapata AI reported revenue of $2.00 million, a gross margin of 36.0%, and an operating loss of $7.37 million for Q2 2024. The company expanded partnerships, collaborated on projects, and bolstered its leadership team.
- Significantly expanded partnership with D-Wave Quantum Inc.
- Successfully collaborated with KPMG on a project to streamline compliance models.
- Published research findings from participation in Phase II of the DARPA Quantum Benchmarking program.
- Announced a strategic collaboration with Tech Mahindra.
Headline financials
Revenue & EPS history
Zapata Computing · Revenue · Quarterly
$2M
Forward guidance
Zapata AI is optimistic about an acceleration in their business and converting on the qualified pipeline as they go through the second half of 2024 and beyond.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 3 quarterly earnings reports · overlaid with Q2 2024
-4.6%
Avg return
Earnings day
+44.1%
Avg return
5 days after
+124.6%
Avg return
30 days after
33%
1 / 3 earnings
Positive
+9.7%
Q2 2024
Best reaction
-23.7%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2024 | +0.0% | +166.7% | +438.3% | |
| Q2 2024 | +9.7% | +2.5% | -18.7% | |
| Q1 2024 | -23.7% | -37.0% | -45.9% | |
| Q4 2023 | — | — | — | |
| Q3 2023 | — | — | — | |
| Q2 2023 | — | — | — | |
| Q1 2023 | — | — | — |
Discussion
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