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Investing.com - Rigetti Computing reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Rigetti Computing announced earnings per share of $-0.13 on revenue of $2.95M. Analysts polled by Investing.com EPS of $-0.13 on revenue of $3.07M.
Rigetti Computing 's are up 14% and is trading at $1.27 , still down 90.67% from its 52 week high of $12.75 set on Thursday, November 18, 2021.
Rigetti Computing follows other major Information Technology sector earnings this month
Rigetti Computing's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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