Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.
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 ...
The transaction and new agreement could increase Symbotic’s future backlog by more than $5 billion and adds a micro-fulfillment solution that expands its addressable market by more than $300 billion ...
Symbotic builds and deploys automation systems for warehouses, distribution centers, and supply chains. Its fully autonomous, artificial intelligence (AI)-enabled robots are already deployed in ...