Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.

CEO Rick Cohen emphasized that Symbotic achieved high growth in Q1 2025 while advancing its technology. The acquisition of Walmart’s Advanced Systems and Robotics business was highlighted as a ...

For the second quarter of fiscal 2025, Symbotic expects revenue of $510 million to $530 million, and adjusted EBITDA 2 of $26 million to $30 million. Symbotic will host a webcast today at 5:00 pm ET ...

Overall, Symbotic believes the two deals could boost its backlog by more than $5 billion and open up a new market for micro-fulfillment of customer orders. The new addressable mar ...

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 ...

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 fiscal ...

Symbotic's adjusted earnings before interest, taxes, depreciation and amortization rose to $17.9 million from $8.1 million a year ago. Symbotic had most recently guided for quarterly revenue of $495 ...

Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.

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.