Rigetti Computing, Inc. (RGTI) Misses Q3 EPS by 6c

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Go back to Rigetti Computing, Inc. (RGTI) Misses Q3 EPS by 6c

Rigetti Computing Reports Third Quarter 2023 Results

November 9, 2023 4:06 PM EST

BERKELEY, Calif., Nov. 09, 2023 (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 third quarter ended September 30, 2023.

Third Quarter 2023 Financial Highlights

Total revenues for the three months ended September 30, 2023 were $3.1 millionTotal operating expenses for the three months ended September 30, 2023 were $19.1 millionOperating loss for the three months ended September 30, 2023 was $16.8 millionNet loss for the three months ended September 30, 2023 was $22.2 millionAs of September 30, 2023 cash, cash equivalents and available-for-sale securities totaled $110.2... More