Rigetti Computing, Inc. (RGTI) Reports Q2 Loss, Lags Revenue Estimates [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.14, delivering a surprise of -75%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Rigetti Computing , which belongs to the Zacks Computer - Software industry, posted revenues of $3.09 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 12.58%. This compares to year-ago revenues of $3.33 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Rigetti Computing shares have lost
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RGTI
News
- Rigetti Set to Report Q3 Earnings: Buy, Sell or Hold the Stock? [Yahoo! Finance]Yahoo! Finance
- Rigetti Computing, Inc. (RGTI) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Rigetti and Riverlane Progress Towards Fault Tolerant Quantum Computing with Real-Time and Low Latency Error Correction on Rigetti QPUGlobeNewswire
- Fully Operational Rigetti QPU Included in UK’s Recently Opened National Quantum Computer CentreGlobeNewswire
- Rigetti Computing to Report Third Quarter 2024 Financial Results and Host Conference Call on November 12, 2024GlobeNewswire
RGTI
Earnings
- 8/8/24 - Beat
RGTI
Sec Filings
- 11/8/24 - Form 8-K
- 11/7/24 - Form 144
- 11/7/24 - Form 144
- RGTI's page on the SEC website