Xanadu Quantum Revenue Increases Fourfold. Why the Stock Is Falling.

The hype around quantum computing continues to build, but for many players, it’s still a high-stakes waiting game. Quarterly results from Xanadu Quantum Technologies prove it. Xanadu’s net loss widened in the quarter to $20.6 million, or 28 cents a share, from $12.2 million, or 22 cents a share, a year ago.