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Stock impact report

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Rigetti Computing, Inc. (RGTI) 
Company Research Source: GlobeNewswire
Deployed the 84-qubit Ankaa™-2 quantum computer, with a 2.5X improvement in error performance compared to the Company’s previous QPUs and achieved a 98% median 2-qubit fidelity.Won competition to develop and deliver a 24-qubit quantum computing system to the UK’s National Quantum Computing Centre (NQCC).Launched the Novera™ QPU, a 9-qubit quantum processor unit available for integration into customers’ on-premise systems.Announces second Novera QPU sale to the Air Force Research Lab (AFRL). BERKELEY, Calif., March 14, 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 fourth quarter and year ended December 31, 2023. Fourth Quarter and Full Year 2023 Financial Highlights Total revenues for the three months ended December 31, 2023 were $3.4 millionTotal operating expenses for the three months ended December 31, 2023 were $19.7 millionOperatin Show less Read more
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