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MarketBeat
MarketBeat
Chris Markoch

BIZARRE: Rigetti stock a long term quantum play facing short term tests - You Need To See This

Shares of Rigetti Computing Inc. (NASDAQ: RGTI) are down more than 2% the day after the quantum computing company delivered a mixed earnings report. Revenue of $1.8 million was roughly in line with expectations for $1.87 million.

The -5 cents earnings per share (EPS) came in 1 cent better than the 6-cent loss analysts had forecast. However, the company also reported a substantial year-over-year (YOY) operating loss.

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