Analyst forecasts reflect a low EPS loss of $0.06 and revenues of $100,000 for Q2 FY2025, with a focus on Fab 1 execution outcomes. QCI's photonic chip foundry in Tempe is now operational, with international demand growing and production orders starting. Dirac-3 machines are generating interest in research communities, notably with NASA and universities, though commercialization is progressing slowly. The company has received five purchase orders, including from international clients, and is commencing discussions on establishing a second facility for production.
Analyst expectations remain low with a projected loss of $0.06 EPS and $100,000 in revenue for Q2 FY2025, influencing market sentiment significantly.
QCI's photonic chip foundry in Tempe has become operational, with production orders underway, reflecting growing international demand in the market for photonic technology.
Despite gradual commercialization, Dirac-3 machines are gaining research traction, particularly with NASA and academic institutions, marking a significant step forward in product validation.
QCI expects to ramp up production with five orders confirmed for its photonic chip foundry, while the discussion around a second facility, Fab 2, is already in progress.
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