Even after dealing with store closures and criticism over changes to its DEI policies, Walmart is doubling down on automation ...
Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.
Shares of Symbotic Inc. (NASDAQ: NASDAQ: SYM) tumbled 15% after the company's first-quarter earnings per share (EPS) and second-quarter revenue guidance fell short of analyst expectations, leading to ...
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 ...
Symbotic announces its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
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 ...
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 ...
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 ...
Symbotic's solutions find applications in e-commerce fulfillment centers, grocery distribution hubs, and general merchandise warehouses. Its technology enables high-density storage, rapid retrieval, ...
Large funding rounds, product announcements, and highlights from CES were just some of the top robotics news of January 2025.
WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the ...
WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the ...