Why 77% Revenue Growth Is Meaningless for IonQ Stock
IONQIonQ(IONQ) fool.com·2024-05-18 15:28

It will probably take more than rapid top-line growth for the company to overcome its difficulties. Investors tend to take note when they see a company with a 77% year-over-year revenue growth rate. When growth is so robust, investor interest and rising stock prices often follow, especially when it is innovation driving such gains. Unfortunately, that is likely not the case with IonQ (IONQ 0.80%). The company is a leader in quantum computing, a technology that could drastically speed up processing times for ...