Quantum-Si Inc reports results for the quarter ended March 31 - Earnings Summary

• Quantum-Si Inc QSI.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of three analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -17 cents to -13 cents per share.

• Revenue rose 84.2% to $842.00 thousand from a year ago; analysts expected $947.67 thousand.

• Quantum-Si Inc's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $19.19 million.

• Quantum-Si Inc shares had risen by 26.7% this quarter and lost 43.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

• Wall Street's median 12-month price target for Quantum-Si Inc is $3.65

This summary was machine generated from LSEG data May 15 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)