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 ...
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's fiscal growth and strategic acquisitions position the company for long-term success and market expansion. Learn more about SYM stock here.
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business.
Shares of robotics company Symbotic jumped Thursday morning after the company announced an expanded partnership with Walmart that includes Symbotic buying Walmart's robotics business, and Walmart ...
Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.
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 ...
The retailer accounted for approximately 87% of Symbotic's total revenue of $1.82 billion in the fiscal year ended in September last year. Shares of Symbotic Inc. jumped on Thursday after the ...
Symbotic announces its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
Large funding rounds, product announcements, and highlights from CES were just some of the top robotics news of January 2025.
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 ...