TradingKey – After announcing an expansion to its partnership with AT&T earlier this week, D-Wave Quantum (NASDAQ: QBTS) is facing a crucial quarter for the stock.

This is significant because this particular relationship reinforces the business case that has been built around D-Wave as a quantum computing company. As the stock climbed higher on July 27 following the announcement, the company was scheduled to report second-quarter results on Aug. 6, and that’s where the real question lies for the stock: Can we see evidence of more demand for enterprise solutions leading to better financial performance?

The stock last traded at around $19.50 on July 28, which suggests the market valued the company at approximately $7.2 billion based on…