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IonQ (NYSE: IONQ) Targets $515M Revenue Record But CFO Departure Rattles Investors

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Source: Foreign Policy Journal

An industry-record revenue forecast of between $505 million and $515 million for 2026 underscores just how dramatically IonQ (NYSE: IONQ) has grown in scale and ambition. That growth appears to be driving a deliberate reshaping of the company’s financial leadership, though the abruptness of the change sent shares down 8% in a single session. Chief Financial Officer Inder Singh departed the quantum computing firm effective immediately, with no explanation offered by the company for his sudden exit. Gary Merrill, who previously served as CFO at Commvault, is set to step into the role in early December, bringing significant public-company finance experience to a rapidly expanding business. Alongside Merrill, Thomas A. Austin joins the company immediately as IonQ’s first-ever Chief Accounting Officer, signaling a broader effort to build a finance organization commensurate with the company’s new size.

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Read the original at Foreign Policy Journal

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