Rigetti Computing (NasdaqCM:RGTI) Reports US$43 Million Profit Despite Drop In Sales

Rigetti Computing (NasdaqCM:RGTI) recently reported a significant improvement in its financial performance, transitioning from a loss to a profit despite a decline in sales. This positive earnings report, along with notable developments such as securing a multinational grant with QphoX B.V. and the National Quantum Computing Centre, likely added weight to the stock's 8% rise over the past month. The market's 4% increase during the same period suggests that Rigetti's upward movement was...