While I mostly cover income investments now that I am retired and more interested in steady monthly income than I am in growing my portfolio, I still like to follow some high potential growth stocks, and Now retired, I am an income-oriented investor seeking high yield income to support my lifestyle in retirement.I became deeply interested in the stock market beginning in late 2007 (bad timing for me but worse for my uncle) when I received an unexpected inheritance. Since that time I have done considerable r ...

BERKELEY, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that Dr. Subodh Kulkarni, Rigetti CEO, will be delivering a keynote presentation at SEMICON Europa 2024 in Munich, Germany later today, November 13, 2024 at 2:45pm. Dr. Kulkarni will discuss the potential transformative power of superconducting quantum computing and how Rigetti is delivering hands-on access to state-of-a ...

Rigetti Computing, Inc. (NASDAQ:RGTI) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Subodh Kulkarni - President and CEO Jeff Bertelsen - CFO Conference Call Participants David Williams - The Benchmark Company Quinn Bolton - Needham and Company Brian Kinstlinger - Alliance Global Partners Craig Ellis - B. Riley Operator Good day. Thank you for standing by. Welcome to Rigetti’s Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number (001-40140) , RIGETTI COMPUTING, INC. (Exact name of registrant as specified ...

Exhibit 99.1 Rigetti Computing Reports Third Quarter 2024 Financial Results and Business Updates BERKELEY, Calif., November 12, 2024 -- Rigetti Computing, Inc. (Nasdaq: RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced its financial results for the third quarter ended September 30, 2024 and business updates, including updates to its technology roadmap. Third Quarter 2024 Financial Highlights ● Total revenues for the three months ended September 30, 2024 ...

Financial Performance - Total revenues for Q3 2024 were $2.4 million, a decrease from $3.1 million in Q3 2023 [2][23] - Total operating expenses for Q3 2024 were $18.6 million, compared to $19.1 million in Q3 2023 [2][23] - The operating loss for Q3 2024 was $17.3 million, slightly higher than the loss of $16.8 million in Q3 2023 [2][23] - The net loss for Q3 2024 was $14.8 million, compared to a net loss of $22.2 million in Q3 2023 [2][23] - As of September 30, 2024, cash, cash equivalents, and available-for-sale securities totaled $92.6 million [2] Technology Roadmap - The company plans to introduce a new modular system architecture in 2025, with a 36-qubit system expected by mid-2025 [3] - By the end of 2025, Rigetti aims to release a system with over 100 qubits, targeting a median 2-qubit fidelity of 99.5% [3] - Rigetti is on track to develop the 84-qubit Ankaa™-3 system, aiming for over 99% median 2-qubit gate fidelity by the end of 2024 [4] Innovations and Techniques - Rigetti's superconducting qubits are fabricated using established semiconductor techniques, achieving faster gate operations than other modalities [5] - The company has demonstrated tiling of 9-qubit chips without performance deterioration, indicating advancements in multi-chip scaling technology [6] - The Alternating-Bias Assisted Annealing (ABAA) technique allows for high-performance QPUs with precise frequency targeting, crucial for high fidelities [6][11] Research Collaborations - Rigetti is collaborating with Riverlane to advance quantum error correction (QEC) technology, essential for building fault-tolerant quantum computers [7][8] - A Novera QPU has been co-located at the Israeli Quantum Computing Center for research and experimentation, including a reinforcement learning project [9][10] Business Developments - The National Quantum Computing Centre (NQCC) opened a facility that includes a fully operational 24-qubit Ankaa-class system for research and development [13][14]

Rigetti Computing (RGTI) is set to report third-quarter 2024 results on Nov. 12.The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $33.33 million, indicating growth of 7.07% year over year. The consensus mark for earnings is currently pegged at a loss of 8 cents per share, unchanged over the past 30 days. The figure indicates a 38.46% increase from the year-ago quarter’s reported figure.Rigetti Computing, Inc. Price and EPS Surprise Find the latest EPS estimates and surprises on ...

The latest trading session saw Rigetti Computing, Inc. (RGTI) ending at $1.12, denoting a -0.88% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.23%. Elsewhere, the Dow saw an upswing of 1.02%, while the tech-heavy Nasdaq appreciated by 1.43%.The company's stock has climbed by 44% in the past month, exceeding the Computer and Technology sector's loss of 0.04% and the S&P 500's loss of 0.54%.The investment community will be paying close attention to the ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Rigetti Computing, Inc. (RGTI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Rigetti Computing ...

Rigetti Computing, Inc. (RGTI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +91.6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Computer - Software industry, to which Rigetti Computing belongs, has gained 0.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although m ...