Breaking: IonQ Sees Record Bookings, Beyond Air Q4 Disappoints, Nuvve Unveils Astrea AI
- June 23rd, 2023
- 460 views
Shares of IonQ, Inc. (NYSE: IONQ) surged over 5% in after-hours trading following an announcement of increased 2023 bookings expectations.
The company has revised its range from $38 million to $42 million to a new range of $45 million to $55 million.
At the midpoint, IonQ now expects more than 100% growth in bookings, surpassing last year's record bookings performance of $24.5 million.
$IONQ was trading at $10.12 in after-hours, reflecting a gain of $0.69 or 7.32%.
On the other hand, Beyond Air, Inc. (Nasdaq: XAIR) reported a fourth-quarter fiscal 2023 loss of $1.86 per share, which is far worse than the consensus estimate of a loss of $0.47 per share.
In after-hours trading, $XAIR dropped by $0.46 (7.98%) to $5.25.
In separate news, Nuvve Holding Corporation (Nasdaq: NVVE) said that it has launched Astrea AI, an artificial intelligence technology designed to optimize revenue from ancillary services for Nordic transmission system operators through its V2G fleet customers.
Astrea AI utilizes continuous forecasting for Nordic primary reserves, offering 97% accuracy and enabling Nuvve and its fleet customers to maximize revenues by matching the right bid to available fleet capacity in the frequency regulation market.
In after-hours trading, $NVVE surged by $0.36 (79.29%) to $0.81 following the announcement.
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