Rigetti Computing (RGTIW) to Release Quarterly Earnings on Monday

Rigetti Computing (NASDAQ:RGTIW) is projected to announce its resultson Monday, May 11th. Analysts expect the company to announce earnings of ($0.0408) per share and revenue of $4.0870 million for the quarter.

Rigetti Computing Stock Up 3.0%

RGTIW opened at $8.52 on Friday. The company has a fifty day moving average of $7.15 and a 200 day moving average of $11.95. Rigetti Computing has a fifty-two week low of $3.51 and a fifty-two week high of $46.78.

About Rigetti Computing

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.