RGTI News and Press, Rigetti Computing Inc. From 03/27/23

2023-03-27 16:12:02 ET Rigetti Computing press release ( NASDAQ: RGTI ): Q4 GAAP EPS of -$0.19 beats by $0.01 . Revenue of $6.1M (+238.9% Y/Y) beats by $1.29M . Based on its current operating plan, Rigetti expects to have cash, cash equivalents, and available-f...

BERKELEY, Calif., March 27, 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 fourth quarter and year ended December 31,...

BERKELEY, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2022 results on Monday, March 27, 2023, after market close. ...

2023-03-07 13:56:27 ET The following slide deck was published by Rigetti Computing, Inc. in conjunction with this event. For further details see: Rigetti Computing (RGTI) Investor Presentation - Slideshow

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Literator / Shutterstock.com Hyzon Motors (NASDAQ: HYZN ) stock is falling on Friday after the hydrogen fuel cell vehicle company received a delisting notice . That notice comes from The Nasdaq Capital Ma...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock There are several major changes happening with Rigetti Computing (NASDAQ: RGTI ). That has RGTI stock investors buying up shares today. Among these changes are a round of Rigetti Computing layoffs...

Rigetti Computing ( NASDAQ: RGTI ) is eliminating about 28% of its workforce as part of an updated strategic plan . The board approved an updated business strategy that calls for revisions to the firm's technology roadmap and a workforce reduction in order to focus the organizatio...

Provides Updated Technology Roadmap; Appoints Jeffrey Bertelsen as CFO and Promotes David Rivas to CTO; Implements Workforce Reduction BERKELEY, Calif., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NA...

Summary In my first post of Rigetti Computing, I emphasized the firm had not figured out how to make money. Its quantum computing pedigree and government customer base have made progress perhaps slow. But there is a new sheriff in town, with a track record of selling businesses. ...

Summary QCI has made bold statements about its technology but has insufficient proof of concept at this point. This is an unprofitable company in a nascent industry, so this is a speculative asset. QCI needs to generate consistent and meaningful cash flow in 2023, or insolvency beco...