• Rigetti Computing Inc RGTI.OQ reported a quarterly adjusted loss of 67 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of six analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -9 cents to -7 cents per share.

• Revenue fell 32.6% to $2.27 million from a year ago; analysts expected $2.50 million.

• Rigetti Computing Inc's reported EPS for the quarter was a loss of 68 cents​.

• The company reported a quarterly loss of $152.96 million.

• Rigetti Computing Inc shares had fallen by 48.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Rigetti Computing Inc is $15.00

This summary was machine generated from LSEG data March 5 at 11:15 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)