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Mar 31, 2024
Rigetti Q1 2024 Earnings Report
Rigetti reported financial results for Q1 2024.
Key Takeaways
Rigetti Computing's Q1 2024 revenue was $3.1 million. The company's operating loss was $16.6 million and net loss was $20.8 million. They ended the quarter with $102.8 million in cash, cash equivalents and available-for-sale securities.
Total revenues for the three months ended March 31, 2024 were $3.1 million.
Total operating expenses for the three months ended March 31, 2024 were $18.1 million.
Operating loss for the three months ended March 31, 2024 was $16.6 million.
Net loss for the three months ended March 31, 2024 was $20.8 million.
Rigetti
Rigetti
Forward Guidance
Rigetti intends on growing the Novera QPU Partner Program with additional partners on an ongoing basis.