Rigetti Computing, Inc. (RGTI) Q3 2024 Earnings Call Transcript

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Q3: 2024-11-12 Earnings Summary

EPS of -$0.09 misses by $0.02
 | Revenue of $2.38M (-23.41% Y/Y) misses by $1.01M

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 mode. After the speakers' presentation, there will be a question and answer session. [Operator Instructions] Please note that today's conference is being recorded.

I will now hand the conference over to your speaker, Dr. Subodh Kulkarni, President and CEO. Please go ahead, sir.

Subodh Kulkarni

Good morning, and thank you for participating in Rigetti's earnings conference call covering the third quarter ended September 30, 2024.

Joining me today is Jeff Bertelsen, our CFO, who will review our results in some detail following my overview. We will be pleased to answer your questions at the conclusion of our remarks.

We would like to point out that this call and Rigetti's third quarter ended September 30, 2024, press release contain forward-looking statements regarding current expectations, objectives, and underlying assumptions regarding our outlook and future operating results. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described and are discussed in more detail in our Form 10-K for the year ended December 31, 2023, our Form 10-Q for the three and nine months ended September 30, 2024, and other documents filed by the company from time-to-time with the Securities and Exchange Commission. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. We urge you to

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