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Pasqal Holding SA's sales dropped to €3.3 million last quarter, down from €5.7 million a year ago.

ResultsRead the original at globenewswire.com
Neutral

Pasqal's sales fell after QPU sales stopped, but QPU-related service sales grew 53%. It reported €69.8 million in booked and awarded business and held €312.8 million in cash, so the report leaves its outlook unchanged.

PSQL · Pasqal Holding SA

AI read · Neutral

The AI's read

The drop came after €3.2 million in QPU sales boosted the earlier quarter, and there were none this time. Service sales grew 53% to €3.1 million. Pasqal also reported €69.8 million in booked and awarded business and €312.8 million in cash, but the report does not say when that booked business may become sales. Together, these facts do not clearly change its outlook.

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