In the first quarter, the company reported revenues of $4.3 million, surpassing the upper end of its projections. Significant technical strides were made in 2023, with the successful development of 29 algorithmic qubits using IonQ Forte, and the research being published in AI journals. The company also completed the construction of IonQ Aria 2, providing greater quantum computing capacity for its clients. Based on these developments, the company has raised its revenue forecast for the full year of 2023 to a range of $18.8 million to $19.2 million.
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