Quantum-Si Q3 Revenue Misses Estimates, Shares Down 31.9% YTD

Quantum-Si Incorporated reported a Q3 loss of $0.17 per share, in line with the Zacks Consensus Estimate. Revenue of $0.55 million missed the Zacks Consensus Estimate by 3.16%. The company has underperformed the market this year, with shares down 31.9%. The sustainability of the stock's price movement will depend on management's commentary on the earnings call. The current Zacks Rank is #3 (Hold), indicating that the shares are expected to perform in line with the market in the near future.