Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.
Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter ...
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 ...