Rigetti Computing Inc reports results for the quarter ended June 30 - Earnings Summary
12/08/2025 22:01
Rigetti Computing Inc RGTI.OQ reported a quarterly adjusted loss of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -3 cents per share. Revenue fell 41.6% to $1.80 million from a year ago; analysts expected $1.87 million. Rigetti Computing Inc's reported EPS for the quarter was a loss of 13 cents. The company reported a quarterly loss of $39.65 million. Rigetti Computing Inc shares had risen by 34.7% this quarter and gained 4.7% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 51.5% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" Wall Street's median 12-month price target for Rigetti Computing Inc is $16.50, about 3.2% above its last closing price of $15.98 This summary was machine generated from LSEG data August 12 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | -0.05 | -0.06 | Missed |
| Mar. 31 2025 | -0.04 | -0.08 | Missed |
| Dec. 31 2024 | -0.08 | -0.67 | Missed |
| Sep. 30 2024 | -0.09 | -0.08 | Beat |