Rigetti Computing (RGTIW) Expected to Post Quarterly Earnings on Thursday

Rigetti Computing (NASDAQ:RGTIWGet Free Report) will likely be releasing its results after the market closes on Thursday, August 6th. Analysts expect Rigetti Computing to announce earnings of ($0.0460) per share and revenue of $5.0840 million for the quarter.

Rigetti Computing Stock Up 10.4%

Shares of Rigetti Computing stock opened at $6.35 on Tuesday. The firm’s 50-day moving average price is $8.94 and its two-hundred day moving average price is $8.38. Rigetti Computing has a 1-year low of $4.61 and a 1-year high of $46.78.

About Rigetti Computing

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Rigetti Computing is a quantum computing company that specializes in the design, development and deployment of superconducting quantum processors. The company’s core business centers on building quantum hardware and integrating it with classical computing resources to address complex computational problems. Rigetti’s technology is aimed at industries such as pharmaceuticals, finance, materials science and logistics, where quantum algorithms have the potential to deliver breakthroughs in optimization, simulation and machine learning.

At the heart of Rigetti’s offering is its Quantum Cloud Services (QCS) platform, which provides users with on-demand access to its quantum processing units (QPUs) and supporting software tools.

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