Quantum-si CFO Jeffry Keyes sells $11,951 in stock

In a recent transaction, Jeffry R. Keyes, the Chief Financial Officer of Quantum-Si Inc (NASDAQ:QSI), sold 8,626 shares of the company’s Class A common stock. The company, currently valued at $271.6 million, has seen significant price volatility with a 58.2% surge over the past six months, despite a 45% decline year-to-date. The shares were sold at an average price of $1.3855, amounting to a total of $11,951. This sale was conducted to cover mandatory withholding taxes related to the vesting of previously granted restricted stock units. Following the transaction, Keyes retains ownership of 1,188,194 shares. According to InvestingPro analysis, the company is currently showing signs of rapid cash burn, though it maintains more cash than debt on its balance sheet. Discover 10+ additional exclusive insights and detailed financial metrics with InvestingPro’s comprehensive research report.

In other recent news, QuantumSi Inc. reported its fourth-quarter 2024 earnings, revealing a loss per share of -$0.23, which was below the expected -$0.19. The company’s revenue for the quarter was $1.2 million, falling short of the anticipated $1.79 million. Despite the earnings miss, QuantumSi experienced a 52% revenue increase from the previous quarter and a 183% rise year-over-year. Additionally, QuantumSi launched a new product, Platinum Pro, in January 2025, and plans to launch its Proteus platform in the second half of 2026. Analyst firms have not reported any recent upgrades or downgrades for the company. The company also raised $50 million in January 2025, adding to its cash and equivalents, which totaled $209.6 million at the end of 2024. QuantumSi expects at least $900,000 in revenue for the first quarter of 2025. These developments come as the company continues to focus on strategic partnerships and research initiatives to expand its market presence.

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