Rigetti's novel technique, Alternating-Bias Assisted Annealing (ABAA), allows for more precise qubit frequency targeting, enabling improved execution of 2-qubit gates and a reduction in defects, which both contribute to higher fidelity. This work was recently published in Nature Communications Materials. BERKELEY, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced that its paper i ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Rigetti Computing, Inc. (RGTI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Rigetti Computing currentl ...

Rigetti Computing, Inc. (NASDAQ:RGTI) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Subodh Kulkarni - President and CEO Jeff Bertelsen - CFO Conference Call Participants Craig Ellis - B. Riley Securities Quinn Bolton - Needham & Company David Williams - Benchmark Brian Kinstlinger - Alliance Global Partners Operator Thank you for standing by. I am Augusto and I will be your conference operator today. At this time, I would like to welcome everyone to the Rigetti Computing Se ...

Rigetti Computing, Inc. (RGTI) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.10. 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 sur ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number (001-40140) , RIGETTI COMPUTING, INC. (Exact name of registrant as specified in i ...

Exhibit 99.1 Rigetti Computing Reports Second Quarter 2024 Financial Results BERKELEY, Calif., Aug. 8, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights ● Total revenues for the three months ended June 30, 2024 were $3.1 million ● Total operating expenses for the three months ended June 30, ...

Rigetti Computing (RGTI) is set to report second-quarter 2024 results on Aug 8. The Zacks Consensus Estimate for revenues is currently pegged at $3.53 million, suggesting an increase of 6.01% from the year-ago quarter's reported figure. For the quarter under review, the consensus mark for earnings is pegged at a loss of 8 cents per share, increased by a couple of pennies in the past 30 days. Let's see how things have shaped up prior to this announcement. Key Factors to Consider RGTI's focus on developing hi ...

Key details regarding the call are as follows: Webcast Instructions To participate in the live call, please dial in toll free at 1-888-596-4144. When your line is picked up, please type in Conference ID 6114948 and press #. Contact Rigetti Computing Media Contact: press@rigetti.com Rigetti Computing Investor Relations Contact: IR@Rigetti.com BERKLEY, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, ...

Prior to today's trading, shares of the company had gained 0.97% over the past month. This has lagged the Computer and Technology sector's gain of 8.61% and the S&P 500's gain of 4.34% in that time. It is also important to note the recent changes to analyst estimates for Rigetti Computing, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and p ...

Dr. Kulkarni will discuss the potential transformative power of superconducting quantum computing and how Rigetti is delivering hands-on access to state-of-art quantum hardware to enable research and innovation to continue to advance the industry. About Rigetti Rigetti Computing Media Contact: press@rigetti.com BERKLEY, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced that Dr. S ...