Rigetti Computing Q1 2023 Earnings Report

Rigetti Computing EPS Results

• Actual EPS: -$0.19
• Consensus EPS: -$0.16
• Beat/Miss: Missed by -$0.03
• One Year Ago EPS: N/A

Rigetti Computing Revenue Results

• Actual Revenue: $2.20 million
• Expected Revenue: $4.94 million
• Beat/Miss: Missed by -$2.74 million
• YoY Revenue Growth: N/A

Rigetti Computing Announcement Details

• Quarter: Q1 2023
• Date: 5/11/2023
• Time: N/A

Rigetti Computing (NASDAQ:RGTI), through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.