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Quantum-SI (NASDAQ:QSI) Posts 290% Revenue Gains in Q3FY24, But Net Loss Expands Amid Rising Expenses

Sun 19 Jan 25, 07:51 AM | Team Kalkine

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Highlights

Quantum-SI Incorporated (NASDAQ:QSI) is a life sciences firm specializing in innovative hardware, consumables, and software solutions aimed at advancing protein detection and analysis for scientific and medical applications.

For the third quarter of the financial year 2024 (Q3FY24), the company reported total revenue of USD 0.8 million, a notable rise of 290.0% compared to Q3FY23. It was driven by higher organic revenue from both product and service segments.

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