Rigetti Computing press release (NASDAQ:RGTI): Q2 GAAP EPS of -$0.13 misses by $0.06.
Revenue of $1.8M (-41.9% Y/Y) misses by $0.07M.
Shares -3.33%.
Total operating expenses for the three months ended June 30, 2025 were $20.4 million
Operating loss for the three months ended June 30, 2025 was $19.9 million
Net loss for the three months ended June 30, 2025 was $39.7 million
Net loss for the three months ended June 30, 2025 includes $22.8 million of non-cash losses for the fair value change in the derivative warrant and earn-out liabilities
As of June 30, 2025 cash, cash equivalents and available-for-sale investments totaled $571.6 million