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 ...
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 ...
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 ...
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.
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 ...
In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against other firms that hit hard in Thursday’s trading. Shares of 10 companies were hit hard on Thursday ...
Symbotic's fiscal 2024 revenue surged 52% to $1.78 billion, with adjusted EBITDA improving significantly, indicating strong growth potential despite current GAAP net losses. The acquisition of ...
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 first quarter of fiscal 2025. In the first quarter of ...
Symbotic will pay at least $200 million to acquire Walmart's automation and robotics division. In conjunction with the deal, Walmart will pay Symbotic $520 million for new systems. The deal ...