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

Quantum-Si (NASDAQ:QSI) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect Quantum-Si to post earnings of ($0.23) per share for the quarter. Quantum-Si has set its FY 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Quantum-Si (NASDAQ:QSI) last posted its earnings results on Thursday, February 29th. The company reported ($0.16) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.16). The firm had revenue of $0.40 million for the quarter, compared to the consensus estimate of $0.30 million. Quantum-Si had a negative return on equity of 30.65% and a negative net margin of 8,868.76%. 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 Price Performance

QSI opened at $1.84 on Tuesday. Quantum-Si has a 52 week low of $1.12 and a 52 week high of $3.90. The stock has a market cap of $260.86 million, a PE ratio of -2.71 and a beta of 3.04. The business has a 50 day moving average of $1.78 and a 200-day moving average of $1.67.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright upped their price objective on shares of Quantum-Si from $3.00 to $4.00 and gave the stock a “buy” rating in a report on Friday, March 1st.

Insider Activity at Quantum-Si

In other news, CEO Jeffrey Alan Hawkins bought 25,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were purchased at an average price of $1.76 per share, for a total transaction of $44,000.00. Following the completion of the purchase, the chief executive officer now owns 25,000 shares in the company, valued at approximately $44,000. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CFO Jeffry R. Keyes purchased 50,000 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were purchased at an average price of $1.61 per share, with a total value of $80,500.00. Following the acquisition, the chief financial officer now directly owns 50,000 shares in the company, valued at approximately $80,500. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jeffrey Alan Hawkins acquired 25,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were bought at an average cost of $1.76 per share, with a total value of $44,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 25,000 shares of the company’s stock, valued at $44,000. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 85,000 shares of company stock valued at $141,900. 30.04% of the stock is owned by 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.