Rigetti Computing Inc (RGTI) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
Total Operating Expenses (OpEx): $18.6 million in Q3 2024, down from $19.1 million in Q3 2023. Stock Compensation Expense: $3.4 million in Q3 2024, compared to $3.7 million in Q3 2023. Net Loss: $14.8 million or 8 per share in Q3 2024, compared to $22.2 million or 17 per share in Q3 2023. Cash, Cash Equivalents, and Available for Sale Investments: $92.6 million as of September 30, 2024. ATM Program Proceeds: $12 million raised from the sale of $11.3 million common shares in Q3 2024. Remaining ATM Program Capacity: $60.2 million of common stock available for sale as of September 30, 2024. Warning! GuruFocus has detected 5 Warning Signs with RGTI. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Rigetti Computing Inc ( NASDAQ:RGTI ) plans to introduce a new modular system architecture by mid-2025, with a 36-qubit system based on 49-qubit chips and a targeted 99.5% median two-qubit gate
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RGTI
News
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $2.50 price target on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its price target raised by analysts at B. Riley from $3.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $2.00 price target on the stock.MarketBeat
- Rigetti to Present Keynote at SEMICON Europa 2024GlobeNewswire
- Rigetti Computing, Inc. (RGTI) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
RGTI
Earnings
- 11/12/24 - In-Line
RGTI
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- RGTI's page on the SEC website