Your email has been successfully added to our mailing list.

×
-0.000926497838171746 0.000926497838171746 -0.00339098208770846 -0.00154416306361965 0.000308832612723842 0.00370599135268676 -0.0058678196417541 -0.00432365657813467
Stock impact report

Rigetti Computing shares slump on Q4 revenue miss [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
Rigetti Computing (NASDAQ:RGTI), a developer of full-stack quantum-classical computing systems, reported mixed financial results for the fourth quarter, with a revenue miss sending its shares 9% lower on Thursday. Total revenue for the quarter was $1.87 million, below analysts' estimate of $2.37 million. The company reported a loss of $0.03 per share, compared with the consensus estimate of a $0.05 loss. This marked an improvement from a non-GAAP loss of $0.08 per share a year earlier. For the full year, Rigetti reported total revenue of $7.1 million. Non-GAAP net loss came to $50.5 million, or $0.16 per share, while GAAP net loss reached $216.2 million, or $0.70 per share. At year-end, the company held $589.8 million in cash, cash equivalents, and available-for-sale investments. Alongside its financial results, Rigetti highlighted progress in its quantum computing technology. The company demonstrated 99.9% two-qubit gate fidelity at a 28-nanosecond gate speed on its prototyp Show less Read more
Impact Snapshot
Event Time:
RGTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
RGTI alerts

from News Quantified
Opt-in for
RGTI alerts

from News Quantified