Quantum-Si (QSI) Scheduled to Post Quarterly Earnings on Tuesday

Quantum-Si (NASDAQ:QSI) will be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.21) per share for the quarter. Quantum-Si has set its FY 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Quantum-Si (NASDAQ:QSI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.05. Quantum-Si had a negative return on equity of 33.02% and a negative net margin of 5,249.65%. The firm had revenue of $0.62 million during the quarter, compared to analysts’ expectations of $0.66 million. On average, analysts expect Quantum-Si to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Quantum-Si Trading Down 1.4 %

Shares of NASDAQ:QSI opened at $0.76 on Tuesday. The company has a 50 day moving average of $0.87 and a 200-day moving average of $1.15. Quantum-Si has a one year low of $0.70 and a one year high of $2.43.

Insider Transactions at Quantum-Si

In other news, Director Charles R. Kummeth acquired 31,100 shares of Quantum-Si stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average price of $0.89 per share, with a total value of $27,679.00. Following the purchase, the director now directly owns 355,000 shares of the company’s stock, valued at $315,950. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Quantum-Si news, Director Charles R. Kummeth purchased 138,900 shares of the stock in a transaction on Friday, August 9th. The shares were purchased at an average cost of $0.87 per share, for a total transaction of $120,843.00. Following the purchase, the director now owns 323,900 shares of the company’s stock, valued at approximately $281,793. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles R. Kummeth acquired 31,100 shares of Quantum-Si stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of $0.89 per share, with a total value of $27,679.00. Following the completion of the purchase, the director now owns 355,000 shares in the company, valued at approximately $315,950. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 245,000 shares of company stock worth $213,522. 30.04% of the stock is currently owned by company insiders.

Quantum-Si Company Profile

Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.