This article first appeared on GuruFocus .
Rigetti Computing ( NASDAQ:RGTI ) is set to report third-quarter results after the close of trading on Tuesday, Nov. 10, according to a company press release.
Analysts expect a loss of about $0.06 per share, compared with a loss of $0.05 in the second quarter.
Investors may look for updates on commercial and research demand, including for the 108-qubit Cepheus system. A qubit is the basic unit of information in a quantum computer.
Attention could also turn to an $8.4 million order from India's C-DAC, which is slated for acceptance testing in the fourth quarter. Execution details on a $100 million agreement with the U.S. Department of Commerce may also draw interest.
Operating expenses reached $30.3 million in the second quarter, up about 49% from a year earlier. Their path could be another focus.
Options traders appear to expect a large move of about 25% in the stock the day after the report. In August, the realized move was about 8.5%.
Implied volatility, a gauge of expected price swings, has often topped 200% on some contracts expiring around Nov. 13.
