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Stock impact report

Rigetti Computing Up 14% Post Q4 Earnings: Is the Stock a Buy? [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
RGTI's revenues declined 32.6% year over year to $2.3 million in the fourth quarter of 2024. The company missed the Zacks Consensus Estimate by 5.25%. The decline in revenues can be attributed to the challenging macroeconomic uncertainties and intense competition in the rapidly evolving and highly competitive quantum computing market, which have negatively impacted the company's top-line growth. However, RGTI's expanding clientele and growing influence in quantum computing are expected to benefit the company over the long term. Rigetti Computing, Inc. Price and Consensus Rigetti Computing, Inc. Price and Consensus Rigetti Computing, Inc. price-consensus-chart | Rigetti Computing, Inc. Quote Rigetti Computing's Quantum Adva Read more
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