Rigetti Computing Inc (RGTI) reported a loss of $0.03 per share for the third quarter of fiscal 2025, exceeding Wall Street's consensus estimate of $-0.04. Revenue remained at $0.0 billion, aligning with analyst expectations. The company’s performance reflects its ongoing efforts in the semiconductor industry, where it provides full-stack quantum computing services.
Headquartered in Berkeley, California, Rigetti operates quantum computers over the cloud and serves a diverse range of clients through its Rigetti Quantum Cloud Services platform. The firm has developed a multi-chip quantum processor designed for scalable systems and offers Quantum Computing as a Service (QCaaS). Rigetti also sells quantum processing units (QPUs) and custom computing components.
The company will host an earnings conference call to discuss these results and provide further insights into its business performance. Investors should review the full earnings release and management commentary for a complete understanding of the quarter's outcomes and future expectations.
Looking ahead, Rigetti's upcoming earnings on August 9, 2026, are projected to show an EPS of $-0.04 and revenue of $4.6 million.