IonQ, Inc.

IONQ

US46222L1089

IT Services & Consulting

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Jul. 01	IonQ, Inc.(NYSE:IONQ) dropped from Russell 3000E Value Index	CI
Jul. 01	IonQ, Inc.(NYSE:IONQ) dropped from Russell 3000 Value Index	CI

IonQ : First Quarter 2023 Transcript

July 08, 2024 at 05:36 pm EDT

Corrected Transcript

11-May-2023

IonQ, Inc. (IONQ)

Q1 2023 Earnings Call

	Total Pages: 12
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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

CORPORATE PARTICIPANTS

Jordan Shapiro	Thomas G. Kramer
Vice President-Financial Planning & Analysis & Head-Investor	Chief Financial Officer, IonQ, Inc.
Relations, IonQ, Inc.
Peter Chapman
President, Chief Executive Officer & Board Member, IonQ, Inc.

......................................................................................................................................................................................................................................................

OTHER PARTICIPANTS

Scott R. Fessler	Trevor Janoskie
Analyst, Morgan Stanley & Co. LLC	Analyst, Needham & Co. LLC
Richard Cutts Shannon	David Williams
Analyst, Craig-Hallum Capital Group LLC	Analyst, The Benchmark Co. LLC

MANAGEMENT DISCUSSION SECTION

Operator: Greetings and welcome to the IonQ First Quarter 2023 Earnings Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Jordan Shapiro, Vice President-FP&A and Head of Investor Relations. Please go ahead.

Jordan Shapiro

Vice President-Financial Planning & Analysis & Head-Investor Relations, IonQ, Inc.

Good afternoon, everyone, and welcome to IonQ's First Quarter 2023 Earnings Call. My name is Jordan Shapiro and I'm the Vice President of Financial Planning and Analysis and Head of Investor Relations here at IonQ. I'm pleased to be joined on today's call by Peter Chapman, IonQ's President and Chief Executive Officer; Thomas Kramer, our Chief Financial Officer; Dr. Chris Monroe, our co-Founder and Chief Scientist; and Dr. Jungsang Kim, our Co-Founder and Chief Technology Officer.

By now, everyone should have access to the company's first quarter 2023 earnings press release issued this afternoon, which is available on the Investor Relations section of our website at investors.ionq.com. Please note that on today's call, management will refer to adjusted EBITDA, which is a non-GAAP financial measure. While the company believes this non-GAAP financial measure provides useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. You are directed to our press release for a reconciliation of adjusted EBITDA to its closest comparable GAAP measure.

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

During the call, we will discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC.

Now, I will turn it over to Peter Chapman, President and CEO of IonQ. Peter?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Thanks, Jordan. Good afternoon, everyone, and thank you for joining us for our first quarter 2023 earnings call. We finished the first quarter with $4.3 million in revenue, which was above the high end of our expected range. Meanwhile, we booked $4.1 million in new contracts and are maintaining this year's annual booking guidance.

Thomas will share more details on our commercial activity and financials later in the call. We continue to move forward at full speed at IonQ, trailblazing in our industry. In our view, we have distanced ourselves from the pack of pure play quantum computing companies by having the best cash position by a wide margin. We also believe we are sufficiently funded to get the company to profitability based on our current roadmap. IonQ will continue to focus on achieving quantum advantage and developing commercial applications for our customers.

At IonQ, our primary focus has been not on the quantity of qubits in the system, but on the quality of the qubits and their operations. For quantum computers, this quality, also known as fidelity, is the key differentiator in successfully completing computational tasks. We measure the fidelity of our systems using an application- oriented benchmark we call algorithmic qubits or #AQ. #AQ is based on work pioneered by the Quantum Economic Development Consortium, an independent industry group and evaluates Quantum Computers' utility in real-world settings. Last year, we achieved our goal of hitting 25 #AQ. This year, we set an even more ambitious goal of hitting 29 #AQ by the end of the year. Recall that every additional #AQ corresponds to roughly doubling useful computational space, meaning we can run much more powerful quantum algorithms.

Today, I am excited to share that we have hit our 29 #AQ target, meeting our 2023 technical goal seven months early. This achievement, made possible by the hard work and dedication of the full IonQ team, brings dramatically more powerful quantum computing capability to our customers and puts us one step closer to reaching quantum advantage. What's more, I am excited to announce that we hit this target using IonQ Forte, our newest world- class quantum system. You may remember that we first announced work on our Forte System midway through last year, with the goal of running customer jobs on Forte before the end of 2022. We achieved that goal.

Our next major technical milestone is achieving 35 #AQ, which is particularly significant. At 35 #AQ, simulating the operations of quantum algorithms using classical hardware can become exceedingly challenging and costly. We expect at 35 #AQ some customers will have an increasingly clear business case for running models on actual quantum computers, rather than attempting to simulate those models with classical computers. If you're watching the quantum industry for signs of our computers becoming more practical or more powerful than classical computers, hitting 35 #AQ is an important milestone to track.

The next steps will be for our systems to take on problems that are beyond the capacity of even the best quantum simulators and subsequently to tackle problems that even the best supercomputers can't solve. We anticipate each of these milestones driving further commercial adoption. Since going public about 20 months ago, we have been dramatically increasing our #AQ going from 6 #AQ commercially available on our IonQ Harmony systems to now 29 #AQ on IonQ Forte. That represents an increase of more than 1 #AQ per month on average. Similarly, if you look ahead to our goal of hitting 64 #AQ by the end of 2025, that also represents an average increase of more than 1 #AQ per month.

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

Moore's Law famously predicted the number of transistors in an integrated circuit would double roughly every two years. As a reminder, each additional #AQ roughly doubles the power of our systems, as measured by the useful computational space for running quantum algorithms. Moore's Law was about doubling every two years. At IonQ, we've been doubling our system's power every month on average. For example, the most recently from 25 #AQ to 29 #AQ represents a 16-fold increase in computational power.

Potential customers are noticing the superior performance of IonQ systems and with demand for IonQ compute time rapidly rising, we have been accelerating our system manufacturing efforts. Today, I am proud to announce that we have completed construction of our second Aria class quantum computer, also known as Aria 2. This new machine will join Aria 1 on the public cloud this quarter. Bringing Aria 2 online is a crucial step for our commercial efforts, as it improves our redundancy, capacity, and order processing speed.

Speaking of customers, we are proud to announce that as part of our commercialization efforts, earlier this year, we signed a contract with United Emirates Quantum Research Center - Technology Innovation Institute to explore how quantum computing can give the UAE a competitive edge. This agreement is testament to the trust and confidence the global leaders have in IonQ's cutting-edge technology and our ability to drive breakthroughs in quantum computing.

In addition to bringing on more customers, we're also seeing strong results from existing customers, taking advantage of our increasingly powerful systems. In collaboration with Fidelity Center for Applied Technology or FCAT, we are proud to announce new work in the field of Quantum Monte Carlo. Our newest accomplishment focuses on speeding up Monte Carlo simulations, a widely-used statistical analysis method in finance, science, and engineering.

A year ago, we started investing in quantum artificial intelligence or quantum AI. Our first output of that work is a paper on modeling human cognition, which has now been published in the peer-reviewed scientific journal, Entropy. We are excited by the potential for quantum to power not just machine learning, but also artificial general intelligence or AGI, the point at which AI is strong enough to accomplish any task that a human can.

With application areas for quantum becoming increasingly clear, we are also forging channel partnerships that will help us distribute IonQ compute access to a broad set of customers around the globe. We added a new enterprise partnership in April when IonQ joined forces with BearingPoint, a global management and technology consulting firm to power their growing quantum team in Europe. BearingPoint has offices in 24 countries around the world and has over 5,000 employees with their quantum team soon to be trained on our systems. BearingPoint premier clients will be offered access to IonQ's world-class quantum computing systems and application development services. Our momentum here at IonQ continues to build. We hit our key technical target for the full year well ahead of schedule, beat our revenue goal for the quarter, innovated with our customers to solve new problems, and tapped into a new channel partnership in Europe.

Lastly, it is my pleasure to introduce Pat Tang, the newest member of the IonQ leadership team. Pat will be taking over as Vice President of Research and Development. He brings to IonQ over 23 years of technology experience, most recently as a VP of Engineering at Amazon's Lab126. Pat is one more testament to the best-in-class talent that is convening at IonQ.

And with that, I would like to turn the call over to Thomas for a more detailed review of the financials. Thomas?

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

Thank you, Peter. Now, let's walk through this quarter's financial results in more detail. As Peter mentioned, we had an excellent quarter recognizing $4.3 million in revenue, which was above the high end of the outlook we previously provided. This reflects to us being able to complete work ahead of schedule for some of our milestone- dependent revenue. While we experienced some accelerated revenue recognition from Q2 into Q1, we anticipate that the full-year impact will be lower given how projects and milestones are distributed between periods. We exited the quarter with $4.1 million in bookings, which is a great start towards our stated expectations of between $38 million to $42 million for the full year. Given that we are still at the beginning of our commercialization phase, I want to reiterate my comments from previous earnings calls that we expect bookings to continue to be lumpy for quite some time.

Moving down the income statement. For Q1 2023, our total operating costs and expenses for the first quarter were $32.3 million, up 60% from $20.2 million in the prior-year period, but well within our plan for the year. To break this down further, our research and development costs for the first quarter were $16.2 million, up 121% from $7.3 million in the prior-year period. Recall that we are investing heavily in R&D and given anticipated demand are especially focused on investing in our manufacturing capabilities to build more systems than previously anticipated this year. Our sales and marketing costs in the first quarter were $2.7 million, up 43% from $1.9 million in the prior-year period. This increase was due to us growing our go-to-market functions and additional sales and support personnel as we continue our investment into our commercial efforts. Our general and administrative costs in the first quarter were $10.6 million, up 15% from $9.2 million in the prior-year period.

All of this resulted in a net loss of $27.3 million in the first quarter, compared to $4.2 million in the prior-year period. It's important to note that these results include a non-cash loss of $3.6 million for the first quarter, related to the change in fair value of our warrant liabilities. We saw an adjusted EBITDA loss for the first quarter of $15.9 million, compared to a $10.3 million loss in the prior-year period. Note that we projected an adjusted EBITDA loss for the year of $80.5 million. So, with this quarter's loss, we believe we are still on track to hit our prior 2023 projection.

Turning now to our balance sheet. Cash, cash equivalents, and investments as of March 31, 2023 were $525.5 million. We continue to believe that this cash position, which we believe is the strongest of any quantum pure player, gives us sufficient cash reserves to get to profitability without needing to raise additional funds given our current roadmap.

Now, turning to our second quarter and full-year 2023 outlook. We are pleased to increase our revenue outlook to $18.8 million to $19.2 million for the full-year 2023. This represents our expectation that we may be able to accelerate delivery against milestones on some of our customer contracts throughout the year. We are maintaining our bookings outlook for the full-year 2023 of $38 million to $42 million, and we are introducing second quarter revenue guidance of between $4.1 million and $4.5 million. As a reminder, we expect bookings of between $38 million and $42 million for the full-year 2023.

And with that, I would like to turn the call back over to Peter.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Clearly, we have been hard at work and executing diligently against our technical and business roadmap. Our early foundations as a company and our underlying trapped ion architecture are yielding the dividends we expected. The naturally high fidelity of our approach has laid the groundwork for us to begin solving the engineering problems around scalability. Our technical achievements are driving exceptional demand for more IonQ computers, which we are fulfilling with new systems like Aria 2. Meanwhile, we are trailblazing in system

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

performance and manufacturability. We are seeing excellent progress on the commercial side of the business, adding new customers and adding value to existing ones, particularly in the growing area of quantum artificial intelligence. The time to figure out how quantum computing can accelerate your business is now.

And with that, I would like to turn the call back over to our operator for the Q&A session. Operator?

QUESTION AND ANSWER SECTION

Operator: Thank you. Ladies and gentlemen, we will now be conducting a question-and-answer session. [Operator Instructions] Our first question comes from the line of Scott Fessler with Morgan Stanley. Please proceed.

Scott R. Fessler

Analyst, Morgan Stanley & Co. LLC

Hi, guys. Congrats on a great quarter. Congrats on adding Aria 2 to the cloud as well. I assume this is a reflection of how well Aria 1 has gone on the cloud. With the achievements you guys have made around Forte, as you said 16 times more powerful than Aria, has there been any discussion of bringing that to the cloud as well?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Hey, Scott, this is Peter. So, certainly the reason we built Aria 2 was because of demand and with Forte as well, we're looking at what we want to do next with that. That, too, we have customers clamoring to get access to that as well. We haven't made the decision yet as to when we will put it out on the cloud or versus internal. But certainly the demand for that system seems exceptional as well.

Scott R. Fessler

Analyst, Morgan Stanley & Co. LLC

Thanks. And if I could get a quick follow-up in as well. You've discussed on prior calls the expectation of making a full system sale this year. Could you maybe discuss any updates around that?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Well, we're continuing. There's quite a bit of interest, especially as these systems become more powerful as we start to get into #AQ 35 and 64 customers understand that means that we're getting to a point where we can do things to get their quantum advantage. And so, there's a lot of interest in the systems now, especially now that we've gotten beyond 29. And so, we're not ready to report deals closed, but there's obviously conversations going around in the background.

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

We should also clarify that we did not actually specify that there would be a system sale in this calendar year, only that we expected one to happen in the next 12 to 24 months. And also, that there are elements of hardware sales baked into our forecast. It may or may not be a full system sale that we continue to see interest in this from several parties and actually in several segments of the market. So, we continue to believe that this is indeed going to happen in the timeframe that we previously mentioned.

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

Scott R. Fessler

Analyst, Morgan Stanley & Co. LLC

Understood. Thank you.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

These are big ticket sales. So, they take a little longer.

Scott R. Fessler

Analyst, Morgan Stanley & Co. LLC

Okay. Understood. Thanks.

Operator: Our next question comes from the line of Richard Shannon with Craig-Hallum. Please proceed.

Richard Cutts Shannon

Analyst, Craig-Hallum Capital Group LLC

Well, hi, guys. Thanks for taking my question as well. I guess, my first question is it's a two-parter here. I realize I'm kind of comparing things that aren't similar, but on the theme of getting Forte, 29 #AQ ahead of time and then also more tactically or near-term accelerating some milestones allowed you to recognize a little bit more revenues in the first quarter. What's kind of the dynamics here that's driving this acceleration? Maybe you can kind of compare any or compare and contrast any themes that might be consistent over those two dynamics and that would be grateful, Peter.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Yeah. On the technology side, I think we have been making investments for the last few years in thinking about how to continue to improve the performance of our system and I think that is paying off. It's paying off in a way that we make strides to get to these technical milestones ahead of time.

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

And when it comes to revenue recognition, that reflects the fact that - two things, actually. Earlier, we've had a predominance of quantum-as-a-service, which is more or less like SaaS and revenue gets straight-lined, which means that it will be very simple to forecast. But we have started to move over to a more of a percentage- complete type of revenue recognition contracts, which means that when we're able to start the work earlier and implement more of it earlier, we will also be able to implement or get more revenue recognition early. And that's what we particularly saw in Q1, which has been good and we anticipate that most of that will actually flow through to an increase in the end of year revenue. But there are some acceleration that we think that that was merely a acceleration from Q2 to Q1. So, it wouldn't persist through all of the next periods. But we are happy to announce that this does mean that we're able to raise our revenue recognition guidance.

Richard Cutts Shannon

Analyst, Craig-Hallum Capital Group LLC

Okay. Fair enough. Thanks for all that detail. My second question is, I assume the last conference call about system sales and whether they be government or academic or commercial customers. And I remember your

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

answer from that and kind of following up with one of the previous questions here about system sales. I've seen some evidence of kind of RFIs for government contracts for, I think, like nine figures kind of dollars here that could include the possibility of quantum hardware sale. Are some of the potential or earliest possibilities for systems sales? Are those related to any government contracts that you're aware of, either published or not or are they kind of other dynamics driving that interest?

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

We have interest both in the governments, both nationally, internationally and also enterprise customers when it comes to system sales. So, there's interest from multiple parties. And obviously in both in a national budget point of view, there's quite a bit of money for quantum and systems and we're competing for those dollars.

Richard Cutts Shannon

Analyst, Craig-Hallum Capital Group LLC

Okay. Fair enough. I appreciate all the detail, guys. I'll jump out of line. Thanks.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Thanks, Richard.

Operator: Our next question comes from the line of Quinn Bolton with Needham & Company. Please proceed.

Trevor Janoskie

Analyst, Needham & Co. LLC

Yeah. Hey, guys. This is Trevor on for Quinn and congrats on the 29 #AQ, that's exciting to see. And I guess to start, I know the next goal is 35 #AQ in 2024 and I don't want to put pressure on you. But with your progress doing one #AQ a month, could this milestone be reached in the first half of 2024?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

So, we're not changing the roadmap. But at the same time, obviously, we're executing well up to this point on hitting the milestones early and we continue to expect that we will execute well.

Trevor Janoskie

Analyst, Needham & Co. LLC

I guess would you say that gap from 29 to 35 is much more difficult from 25 to 29?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

No. The answer is no.

Thomas G. Kramer	A
Chief Financial Officer, IonQ, Inc.

Well, it is going to be - in this case we're increasing by 6, so we'll be 64 times more powerful in terms of the...

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Yeah.

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

...computational space. Yeah. So, there will be some work involved, but we feel quite confident that 35 in 2024 is a goal we can accomplish.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Well, there isn't anything major to getting to 35, just hard work.

Trevor Janoskie

Analyst, Needham & Co. LLC

Okay, okay. And do you expect the integration of the second Aria device in the cloud to have a material impact on revenue growth? I'm trying to get a grasp of the impact that system downtime and waiting queues may have on current revenues and if this system will help alleviate some of those problems.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

So, it will certainly alleviate the challenge of always having uptime and this was planned for us because it takes us some amount of time to build these systems and the revenue from that system is built into our forecast for the year.

Trevor Janoskie

Analyst, Needham & Co. LLC

Okay. Awesome. That's all I have. Thanks, guys.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Thanks, Quinn (sic) [Trevor] (00:27:04).

Operator: Our question next comes from the line of David Williams with Benchmark Company. Please proceed.

David Williams

Analyst, The Benchmark Co. LLC

Hey, good afternoon and congrats on the execution of the progress here.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Thanks, David.

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IonQ, Inc. (IONQ)	Corrected Transcript
Q1 2023 Earnings Call	11-May-2023

David Williams

Analyst, The Benchmark Co. LLC

Yeah. I want to touch a little bit just as you think about that transition from 29 to 35 and maybe or even just to getting to that 29. What are the keys - I guess is it - what areas are you improving? Is it around the system? Is it the optic side? Is it the IO? Where are the improvements coming from or is it just better higher quality qubits during the manufacturing process? Just trying to understand where you're getting the benefits.

Thomas G. Kramer

Chief Financial Officer, IonQ, Inc.

Yeah. As we have said in the past, our qubits are individual atoms. They aren't getting any better. And I think it's really about how we control our systems and operate them. So, as we have discussed some time ago, Forte actually has an improved optical system to drive our gates. And I think we're really seeing the benefits of that design upgrade. But also, we're actually learning how to operate these systems more optimally. So, a lot of this is really coming from improving the quality of our gates and our ability to run longer circuits without any unexpected degradation in the performance.

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

For the most part, these things are often - the large part of the benefit is often in software not in hardware. So, we're doing a better job of controlling it in software.

David Williams

Analyst, The Benchmark Co. LLC

Okay. Very helpful. Thanks. I'm sure there's quite a few areas too within that topology that you can tweak to gain that performance as well. Is that correct assumption?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

That is certainly correct. I mean, the hardware is under control of software. So, how good a job you do everything from pulse shaping of light to the timing and all the rest of that, it's all under control. So, if we can build a better piece of software, then we can get better performance out of this. Sometimes it requires hardware changes. Every once in a while somebody says, oh, hey, we could replace X, Y, and Z, and we could get better, but it's often mostly in software.

David Williams

Analyst, The Benchmark Co. LLC

Okay. Very good. And then, I guess lastly for me, maybe it's a two part, but just kind of thinking about the AI regulation that's been proposed. How do you see that? And then secondly, can you kind of talk about maybe what Pat does in terms of your R&D efforts and what your expectations are there?

Peter Chapman

President, Chief Executive Officer & Board Member, IonQ, Inc.

Yes. So, there are obviously the regulations for AI, we expect as we get into that field more that they - some part of that would be we control kind of what we do in the future and we're supportive of an intelligent government regulation. I'm not sure, does that exist? But, you get the concept.

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Company Profile

IonQ, Inc. is engaged in quantum computing that delivers high-performance systems capable of solving commercial and research use cases. The Company's quantum computer, IonQ Forte, boasts 36 algorithmic qubits. It sells specialized quantum computing hardware together with related maintenance and support. The Company has developed custom hardware, custom firmware, and an operating system to orchestrate the quantum computers. The Company also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The Company makes access to its quantum computers available via three cloud platforms, Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. This cloud-based approach enables the availability of quantum-computing-as-a-service (QCaaS).

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IT Services & Consulting

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2024-08-11 - Q2 2024 Earnings Release (Projected)

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Analysis / Opinion

Peter Chapman, CEO of IonQ: What quantum strategy after co-founder's departure?

October 27, 2023 at 03:45 pm EDT

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C-

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OUTPERFORM

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8.02 USD

Average target price

14.7 USD

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+83.29%

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KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED	-32.34%	3.54B
DIGITALOCEAN HOLDINGS, INC.	-9.81%	3.03B
ALKAMI TECHNOLOGY, INC.	+27.01%	2.96B
BEIJING SINNET TECHNOLOGY CO.,LTD	-14.20%	2.08B

Cloud Computing Services

IonQ, Inc.

Equities

IONQ

US46222L1089

IT Services & Consulting

IonQ : First Quarter 2023 Transcript

EPS Revisions