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Sunday, August 13, 2023 3:40:39 PM
Quantum-Si (QSI)
icon-fall
32%
Shares of Quantum-Si traded down ~32% on Monday after the company announced1 second-quarter earnings, including a 19% sequential decrease in revenue. According to management, revenue declined primarily because the company’s new software did not incorporate all the features that some customers had expected and because some customers faced implementation challenges. Quantum-Si is the world’s only provider of protein sequencing instruments, with its core technology based on proprietary time-domain sequencing that enables amino acid level resolution during experiments.
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Recent QSI News
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
