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 ...
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 ...
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 ...
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.
Walmart selected Symbotic to develop, build and deploy a system that will automate and speed up online pickup and delivery options at stores.
Symbotic reports quarterly losses of 3 cents per share, which misses the analyst consensus estimate for losses of 2 cents. Quarterly revenue of $486.69 million also misses the analyst ...
WILMINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first ...
Symbotic Inc. (NASDAQ:SYM) is a contentious stock. The bulls see a lot of promise from advanced robotic automation systems. While the bears, myself included, see a stock that is overvalued for ...
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 ...