Rigetti(RGTI)
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Rigetti Computing shares slump on Q4 revenue miss
Proactiveinvestors NA· 2026-03-05 16:08
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
RGTI Stock Down Despite Q4 Earnings Top Estimates, Revenues Decline Y/Y
ZACKS· 2026-03-05 15:36
Core Insights - Rigetti Computing (RGTI) reported a narrower adjusted loss per share of 3 cents for Q4 2025, compared to a loss of 6 cents in the same quarter last year, exceeding the Zacks Consensus Estimate by 40% [1] - Total revenues for Q4 2025 were $1.9 million, down 17.9% year over year, and missed the Zacks Consensus Estimate by 30% [2] - The company secured an $8.4 million purchase order from India's Centre for Development of Advanced Computing for a 108-qubit quantum computer, expected to be deployed in the second half of 2026 [7][9] Revenue and Earnings - RGTI's total revenues for 2025 were $7.1 million, a decline of 34.3% year over year, with an adjusted loss per share of 16 cents, improved from 29 cents in 2024 [2] - The gross profit for Q4 2025 decreased by 35% year over year to $0.7 million, with a gross margin contraction of 920 basis points to 34.9% [3] Operating Expenses and Losses - Selling, general and administrative expenses rose by 1% year over year to $5.9 million, while research and development expenses increased by 27% to $17.3 million [3] - Total operating expenses for the quarter were $23.2 million, up 19.2% year over year, leading to an operating loss of $22.6 million compared to $18.5 million in the prior-year quarter [4][6] Financial Position - At the end of Q4 2025, RGTI had cash, cash equivalents, and short-term investments totaling $443.5 million, slightly down from $446.9 million at the end of Q3 2025, with no debts on its balance sheet [5] - Cumulative net cash used in operating activities was $58.5 million, compared to $50.6 million a year ago [5] Technological Advancements - Rigetti made progress in its Novera on-premises quantum systems, with two installations representing approximately $5.7 million in purchase orders [10] - The company achieved two-qubit gate fidelity of 99.9% at a 28-nanosecond gate speed, maintaining 99.9% one-qubit gate fidelity [11] - Rigetti is advancing its scalable architecture with chiplet tiling, enhancing qubit counts and manufacturing consistency [12]
Thursday's Earnings Movers: RGTI Narrows Losses, AEO & STUB Sell Off
Youtube· 2026-03-05 15:03
StubHub - StubHub's stock is down 14% following disappointing quarterly results, reporting a loss of $1.56 per share on revenue of approximately $449 million, both figures worse than expected [2][4] - The company experienced a decline in revenue compared to the previous year, attributed to the absence of significant events like the Taylor Swift tour that boosted demand last year [3][5] - StubHub is shifting its strategy by investing in AI tools and direct ticket issuance, which may slow near-term revenue growth, contributing to negative market sentiment [4][6] - Analysts have downgraded their views on StubHub, despite noting that underlying ticket demand remains strong when excluding the Taylor Swift effect [4][5] American Eagle Outfitters - American Eagle's stock is down 10% despite reporting a solid holiday quarter with adjusted earnings per share of $0.86 and revenue of $1.76 billion, reflecting a 10% year-over-year increase [10][11] - The brand "Aerie" showed strong performance with same-store sales growth of 23%, while the core American Eagle brand had modest growth with same-store sales up 2% [10][11] - The company projected high single-digit same-store sales growth for the first quarter, which did not meet Wall Street expectations [12] Regetti - Regetti's stock is down 5% after reporting a loss of $0.03 per share, with revenue of $1.87 million falling short of expectations [13][14] - The company is in the early stages of commercialization in the supercomputing space, which is expected to take time to scale [14][15] - Regetti has secured a new purchase order from a Japanese research organization, with delivery expected in April, and has also made system sales to India's national computing center [15]
Quantum Computing Stock Rigetti's Momentum Spikes As Investors Look Past Q4 Revenue Miss
Benzinga· 2026-03-05 12:05
Rigetti Computing Inc. (NASDAQ:RGTI) is seeing a significant surge in market enthusiasm despite reporting fourth-quarter revenue that fell short of analyst expectations.Technical Milestones Eclipse Revenue MissAccording to Benzinga Edge Stock Ranking data, the company's momentum score spiked from 84.04 to 91.90 week-on-week, placing the quantum hardware leader in the top 10% of stocks for relative price strength.The momentum shift follows a fourth-quarter earnings report where Rigetti posted $1.87 million i ...
Rigetti Computing Q4 Earnings Call Highlights
Yahoo Finance· 2026-03-05 00:57
Rigetti also said it deployed multiple systems to the cloud, including an 84-qubit monolithic chip system and a 36-qubit chiplet-based system, and “demonstrated that chiplet tiling works in practice.” Management argued chiplets are necessary because scaling to thousands of qubits on a single die “is not realistic.”Kulkarni highlighted a prototype result using what he described as Rigetti’s proprietary adiabatic CZ scheme, where the company achieved 2-qubit gate fidelity “as high as 99.9%” at a 28-nanosecond ...
Rigetti Computing, Inc. (RGTI) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2026-03-04 23:37
Core Insights - Rigetti Computing, Inc. reported a quarterly loss of $0.03 per share, outperforming the Zacks Consensus Estimate of a loss of $0.05, marking an earnings surprise of +35.76% [1] - The company generated revenues of $1.87 million for the quarter ended December 2025, which was 30.04% below the Zacks Consensus Estimate and a decrease from $2.27 million in the same quarter last year [2] - Rigetti Computing shares have declined approximately 23.4% year-to-date, contrasting with the S&P 500's slight decline of 0.4% [3] Company Performance - Over the last four quarters, Rigetti Computing has exceeded consensus EPS estimates three times, but has not surpassed revenue estimates during this period [2] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on projected revenues of $3.29 million, while the estimate for the current fiscal year is -$0.18 on revenues of $24.94 million [7] Industry Context - The Internet - Software industry, to which Rigetti Computing belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and earnings estimate revisions, which could impact Rigetti's stock performance [5]
Rigetti(RGTI) - 2025 Q4 - Earnings Call Transcript
2026-03-04 23:02
Rigetti Computing (NasdaqCM:RGTI) Q4 2025 Earnings call March 04, 2026 05:00 PM ET Company ParticipantsDavid Williams - Municipal Bond Trader and UnderwriterJeffrey Bertelsen - CFOKevin Garrigan - SVPKrish Sankar - MDQuinn Bolton - MD and Equity ResearchSubodh Kulkarni - President and CEOTroy Jensen - MDConference Call ParticipantsBrian Kinstlinger - Director Research and Senior Technology AnalystCraig Ellis - Director Research, Senior Semiconductor and Capital Equipment AnalystRichard Shannon - Senior Rese ...
Rigetti(RGTI) - 2025 Q4 - Earnings Call Transcript
2026-03-04 23:02
Rigetti Computing (NasdaqCM:RGTI) Q4 2025 Earnings call March 04, 2026 05:00 PM ET Company ParticipantsDavid Williams - Municipal Bond Trader and UnderwriterJeffrey Bertelsen - CFOKevin Garrigan - SVPKrish Sankar - MDQuinn Bolton - MD and Equity ResearchSubodh Kulkarni - President and CEOTroy Jensen - MDConference Call ParticipantsBrian Kinstlinger - Director Research and Senior Technology AnalystCraig Ellis - Director Research, Senior Semiconductor and Capital Equipment AnalystRichard Shannon - Senior Rese ...
Rigetti(RGTI) - 2025 Q4 - Earnings Call Transcript
2026-03-04 23:00
Rigetti Computing (NasdaqCM:RGTI) Q4 2025 Earnings call March 04, 2026 05:00 PM ET Speaker6Good day, and thank you for standing by. Welcome to the Rigetti Computing fourth quarter and full year 2025 financial results conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question-and-answer session. To ask a question, please press star one one on your telephone and wait for your ...
Tech Rebound and Easing Oil Prices Lift Wall Street; Focus Shifts to Late-Day Earnings
Stock Market News· 2026-03-04 22:07
U.S. equity markets staged a notable recovery on Wednesday, March 4th, 2026, as investors found relief in moderating energy prices and resilient economic data. After a volatile start to the week dominated by geopolitical tensions in the Middle East, the major indexes trended higher throughout the session, led by a resurgence in the technology sector and positive sentiment following the Federal Reserve’s latest economic assessment.Major Market Indexes PerformanceThe S&P 500 (SPY) gained 52.87 points, or 0.8% ...