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Rigetti Computing, Inc. (RGTI) Q1 2024 Earnings Call Transcript

Rigetti Computing, Inc. (NASDAQ:RGTI) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET

Company Participants

Subodh Kulkarni – President and Chief Executive Officer
Jeff Bertelsen – Chief Financial Officer
David Rivas – Chief Technology Officer

Conference Call Participants

Neil Young – Needham & Company
Brian Kinstlinger – Alliance Global Partners

Operator

Hello and welcome to the Rigetti Company First Quarter 2024 Financial Results Conference Call. (Operator Instructions) I would now like to turn the call over to Subodh Kulkarni. You may begin.

Subodh Kulkarni

Good afternoon and thank you for participating in Rigetti’s earnings conference call covering the first quarter ended March 31, 2024. Joining me today is Jeff Bertelsen, our CFO who will review our results in some detail following my overview. Our CTO, David Rivas is also here to participate in the Q&A session. We will be pleased to answer your questions at the conclusion of our remarks.

We would like to point out that this call and Rigetti’s first quarter ended March 31, 2024 press release contain forward-looking statements regarding current expectations, objectives and underlying assumptions regarding our outlook and future operating results. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described and are discussed in more detail in our Form 10-K for the year ended December 31, 2023, our Form 10-Q for the 3 months ended March 31, 2024 and other documents filed by the company from time-to-time with the Securities and Exchange Commission. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. We urge you to review these discussions of risk factors.

Today I am pleased to report on a number of

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