Insider Brief
- IonQ announced $24.5 million in bookings for the full year 2022, representing a ~50% year-over-year increase.
- Company will release its financial results for the fourth quarter and fiscal year ending December 31, 2022 on March 30.
- Critical Quote: “During these turbulent times when the entire world is dealing with a challenging economic environment, IonQ is hitting and exceeding the expectations that we shared with the market in advance of taking the company public. Now, we are focused on ramping up manufacturability of our quantum computers to meet this demand.” — Peter Chapman, President and CEO of IonQ.
PRESS RELEASE — IonQ, a quantum computing industry leader, announced that it had achieved $24.5 million in bookings for the full year 2022, representing a ~50% year-over-year increase.
Prior to its public listing in late 2021, IonQ announced an aggressive growth plan of annual bookings for future years. IonQ’s actual results have exceeded that original plan each year since. With 50% growth in 2022 as a backdrop, the company plans to grow even faster in 2023.
“In the past two years, we have exceeded our expectations for bookings, largely due to overwhelming customer demand for quantum computing hardware and software in the near-term,” said Peter Chapman, President and CEO of IonQ. “During these turbulent times when the entire world is dealing with a challenging economic environment, IonQ is hitting and exceeding the expectations that we shared with the market in advance of taking the company public. Now, we are focused on ramping up manufacturability of our quantum computers to meet this demand.”
IonQ also announced that the company will release its financial results for the fourth quarter and fiscal year ending December 31, 2022 on Thursday, March 30, 2023, after the financial markets close.
For more market insights, check out our latest quantum computing news here.
