Rigetti Computing Q2 2024 GAAP EPS $(0.07) Beats $(0.10) Estimate, Sales $3.086M Miss $3.532M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rigetti Computing (NASDAQ:RGTI) reported Q2 2024 GAAP EPS of $(0.07), beating the estimate of $(0.10). However, sales of $3.086M missed the $3.532M estimate, marking a 7.24% decrease from the same period last year.
August 08, 2024 | 9:24 pm
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NEUTRAL IMPACT
Rigetti Computing reported a better-than-expected EPS of $(0.07) but missed sales estimates with $3.086M, a 7.24% decrease YoY.
The better-than-expected EPS is a positive sign, but the miss on sales and the YoY decrease could neutralize the impact. Investors may have mixed reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100