Benzinga Pro data, Rigetti Computing (NASDAQ:RGTI) reported Q3 sales of $2.80 million. Earnings fell to a loss of $18.75 million, resulting in a 53.08% decrease from last quarter. Rigetti Computing collected $2.13 million in revenue during Q2, but reported earnings showed a $12.25 million loss. Why Is ROCE Significant?Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher
Rigetti Computing's Return On Capital Employed Insights
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