04:22 PM EDT, 05/12/2025 (MT Newswires) -- Rigetti Computing ( RGTI ) reported Q1 earnings Monday of $0.13 per diluted share, compared with a loss of $0.14 a year earlier.

Analysts polled by FactSet expected a loss of $0.06.

Revenue for the quarter ended March 31 was $1.5 million, down from $3.1 million a year earlier.

Analysts surveyed by FactSet expected $2.6 million.

The shares were falling about 10% in after-hours trading.