Arqit Quantum: I See A Turnaround In The Books (Rating Upgrade)
Arqit Quantum Inc. has received a rating upgrade to Buy due to significant growth and successful deployments. The company reported an impressive 829% year-over-year revenue increase, driven by recurring deals in the telecom and government sectors. This turnaround indicates a positive outlook for Arqit Quantum's future performance.
- ▪Arqit Quantum Inc. has been upgraded to a Buy rating.
- ▪The company achieved 829% year-over-year revenue growth.
- ▪Recurring deals in the telecom and government sectors contributed to its success.
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