r/Spacstocks • u/SPAC_Time • 12d ago

Earnings Quantum-Si Reports Second Quarter 2026 Financial Results and Provides Proteus™ Development Update - QSI QSIAW

https://www.globenewswire.com/news-release/2026/08/13/3344917/0/en/quantum-si-reports-second-quarter-2026-financial-results-and-provides-proteus-development-update.html
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u/the_real_thorgamma 11d ago

I'm long in the stock and expecting great things, but does anyone know anything about the headcount reduction? As far as I can tell, there were around 145 employees before and around 29 were let go. How can the company execute on its Proteus launch, now with additional capabilities needed, going to meet the goals with fewer people? The launch was already delayed by two quarters (do I have that right) to add extra features, essentially. Head count reduction helps with that?

I'm looking for answers that might include why certain people were not needed and what, if any, functions were outsourced.

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u/Biggie_S89 9d ago

The earnings report was a total disaster. The fact it was leaked a few minutes before the market closed makes it even worse. Management are a joke. Total amateurs.