Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Symbotic's revenue is extremely concentrated, and the ...
Shares of Symbotic Inc. (NASDAQ:SYM – Get Free Report) gapped down prior to trading on Thursday following insider selling activity. The stock had previously closed at $30.92, but opened at $25.88.
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying $200 million in cash ...
Pavlo Gonchar / SOPA Images / LightRocket / Getty Images Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership.
Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The ...
Symbotic just signed a couple of deals with the world's largest retailer. The AI-robotics technology company expects to report a big jump in quarterly revenue on Feb. 5. Symbotic builds and ...
You may begin. Thank you. Hello. Welcome to Symbotic first-quarter 2025 financial results webcast. I'm Charlie Anderson, Symbotic's Vice President of Investor Relations. Some of the statements ...
Symbotic's fiscal 2024 revenue surged 52% to $1.78 billion, with adjusted EBITDA improving significantly, indicating strong growth potential despite current GAAP net losses. The acquisition of ...
Symbotic will pay at least $200 million to acquire Walmart's automation and robotics division. In conjunction with the deal, Walmart will pay Symbotic $520 million for new systems. The deal ...
Symbotic acquires Walmart's Advanced Systems and Robotics for $200M, with up to $350M in contingent payments. The deal expands Symbotic’s market by $300B through automation of Walmart's Pickup ...
Reports Q1 revenue $ $487M, consensus $490.04M.Symbotic (SYM) posted revenue of $487M a net loss of $19M and adjusted EBITDA of $18M for the first quarter of fiscal 2025. In the first quarter of ...