Rigetti fell about 7% in after-hours trading Tuesday after Q3 revenue of $1.41M missed the $3.52M consensus by roughly 60% and fell 28% year over year, with an adjusted loss of $0.06 per share vs $0.05 expected. The company still expects ~$20M of 2026 revenue, below the $22.78M consensus, but hitting it depends on a customer accepting its system in Q4. The CFO also signaled elevated capex will continue into 2027.
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