Symbotic Inc

Symbotic, Inc. operates as an automation technology company, which engages in a robotics and automation-based product movement technology platform. It focuses on rebuilding the traditional warehouse, powered by a fleet of autonomous robots with artificial intelligence enabled software, to create a first of its kind physical structure that can power a customer’s entire supply chain technology platform. The company was founded by Richard B. Cohen on December 11, 2020 and is headquartered in Wilmington, MA.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Symbotic Inc (SYM) reports triple-digit revenue growth and backlog expansion

Symbotic Inc (SYM) delivered robust Q1 results with triple-digit revenue growth and a significant contracted backlog. The company faces challenges in managing margins and deployment timelines but has opportunities in international expansion and operational efficiency. By focusing on scaling operations and increasing liquidity, Symbotic Inc aims to address a massive TAM and drive growth through outsourcing partnerships.

Symbotic Inc reports stellar Q2 earnings, eyes sustained growth

Symbotic Inc's Q2 2023 performance reflects robust revenue growth and operational advancements, supported by a strong financial position and strategic outlook.
While facing challenges in restructuring, revenue variability, and supply chain dynamics, the company is poised to leverage opportunities in margin expansion and customer growth.
By emphasizing innovation, efficiency, and profitability, Symbotic Inc aims to drive sustainable growth and technological leadership in the automation industry.

Symbotic Inc reports record Q3 results and eyes profitable growth

Symbotic Inc's Q3 2023 earnings call showcased robust financial performance, anticipating profitability in Q4 and strong revenue growth.
The company's strategic focus on partnerships, innovation, and supply chain stability positions it well for future growth and success.
Challenges lie in managing margins, optimizing GreenBox facilities, and meeting deployment demands while seizing growth opportunities.
Overall, Symbotic's performance, strengths, and opportunities indicate a promising trajectory in the automation and supply chain solutions market.

Symbotic Inc doubles revenue in Q4 2023, eyes international expansion

Symbotic Inc's strong Q4 2023 performance, backed by revenue growth, operational advancements, and strategic partnerships, sets a positive trajectory for future growth. The company's focus on innovation, scalability, and customer satisfaction positions it well to capitalize on market opportunities and drive profitability. While challenges exist in managing rapid expansion and operational transitions, Symbotic's strategic initiatives and financial outlook remain promising.

Symbotic Inc reports stellar Q1 performance, eyes growth opportunities

Symbotic Inc delivered strong financial and operational results in Q1 2024, driven by revenue growth, margin improvement, and operational efficiency, positioning the company for continued growth and success.
The company's focus on innovation with BreakPack and SymBot, alongside strategic customer acquisitions and deployment enhancements, underscores a commitment to market responsiveness and long-term sustainability.
While facing challenges in deployment pace and cost management, Symbotic Inc's solid financial position, customer-centric approach, and continuous improvement initiatives provide a strong foundation for future growth and profitability.
Opportunities in revenue diversification, market expansion, and operational enhancement present avenues for Symbotic Inc to capitalize on its strengths and navigate challenges, ensuring sustained success and value creation.

Symbotic Inc (SYM) reports stellar Q2 earnings, eyes innovation for growth

Symbotic Inc (SYM) delivered strong financial performance in Q2 2024, with revenue growth, improved operating leverage, and healthy cash reserves. The company's standardized SymBots drive operational efficiency, while innovations present opportunities for revenue growth. Challenges include managing lower-margin projects and adapting to evolving client needs.

Symbotic Inc reports record revenue growth, addresses margin challenges

Symbotic Inc's Q3 performance showcased robust revenue growth but faced challenges with system gross margin due to construction delays. The company is proactively addressing these issues, aiming for improved margins and enhanced deployment efficiency. With a focus on in-house construction management and GreenBox deployment progress, Symbotic is poised for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Symbotic, Inc. is an automation technology company, which engages in a robotics and automation-based product movement technology platform. It focuses on developing, commercializing, and deploying innovative, end-to-end technology solutions for supply chain operations. It operates through the United States and Canada geographical segments. The company was founded by Richard B. Cohen on December 11, 2020 and is headquartered in Wilmington, MA.

Recently, Zacks.com users have been paying close attention to SYMBOTIC INC (SYM). This makes it worthwhile to examine what the stock has in store.

Is Trending Stock Symbotic Inc. (SYM) a Buy Now?

SYM's top-line results for the fourth quarter of fiscal 2024 are likely to gain from its 39 systems in the deployment process.

Symbiotic Set to Report Q4 Earnings: Here's What You Should Know

The latest trading day saw Symbotic Inc. (SYM) settling at $34.32, representing a -1.66% change from its previous close.

Symbotic Inc. (SYM) Declines More Than Market: Some Information for Investors

Symbotic Inc. (SYM) is Attracting Investor Attention: Here is What You Should Know

In the most recent trading session, Symbotic Inc. (SYM) closed at $29.96, indicating a +1.49% shift from the previous trading day.

Symbotic Inc. (SYM) Rises As Market Takes a Dip: Key Facts

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Symbotic Inc. (NASDAQ: SYM) on behalf of long-term stockholders following a class action complaint that was filed against Symbotic on August 14, 2024 with a Class Period from May 6, 2024 to July 29, 2024. Our investigation concerns whether the board of directors of Symbotic have breached their fiduciary duties to the company.

SYMBOTIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Symbotic Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

WILMINGTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.

Symbotic Announces Date for Reporting Fourth Quarter and Fiscal Year 2024 Financial Results

In the most recent trading session, Symbotic Inc. (SYM) closed at $28.58, indicating a +0.95% shift from the previous trading day.

Symbotic Inc. (SYM) Laps the Stock Market: Here's Why

The latest trading day saw Symbotic Inc. (SYM) settling at $30.14, representing a +0.3% change from its previous close.

Why the Market Dipped But Symbotic Inc. (SYM) Gained Today

Symbotic offers advanced robotics solutions for warehousing, enhancing efficiency, speed, and accuracy, with significant clients like Walmart and Target. Macro factors like e-commerce growth, additional robotics use cases, and improved AI capabilities are expected to drive SYM's future growth. The Company has a $22.8B backlog, with a conservative forecast predicting 509% EV growth over six years, making it a speculative buy.

Symbotic Has Plenty Of Room To Grow

Symbotic Inc. (SYM) Is a Trending Stock: Facts to Know Before Betting on It

Symbotic Inc. (SYM) closed at $28.83 in the latest trading session, marking a +0.59% move from the prior day.

Symbotic Inc. (SYM) Advances While Market Declines: Some Information for Investors

NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your Symbotic Inc. (NASDAQ:SYM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/symbotic-lawsuit-submission-form?prid=108603&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against Symbotic Inc. (SYM) - October 15, 2024 Deadline to Join – Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your Symbotic Inc. (NASDAQ:SYM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/symbotic-lawsuit-submission-form?prid=108564&wire=1 or contact Joseph E. Levi, Esq.

Symbotic Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 15, 2024 to Discuss Your Rights - SYM

LOS ANGELES--(BUSINESS WIRE)--SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit with the Schall Law Firm.

SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit with the Schall Law Firm

NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Symbotic Inc. ("Symbotic" or the "Company") (NASDAQ:SYM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Symbotic Inc. - SYM

NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your Symbotic Inc. (NASDAQ:SYM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/symbotic-lawsuit-submission-form?prid=108517&wire=1 or contact Joseph E. Levi, Esq.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 15, 2024 in Symbotic Lawsuit - SYM

NEW YORK CITY, NY / ACCESSWIRE / October 15, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Symbotic, Inc. ("SYM" or "the Company") (NASDAQ:SYM) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired SYM securities between May 6, 2024, and July 29, 2024, inclusive (the "Class Period").

FINAL SYM DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Symbotic, Inc. Investors to Join the Class Action Lawsuit!

NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Symbotic Inc. ("Symbotic" or the "Company") (NASDAQ: SYM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Symbotic investors who were adversely affected by alleged securities fraud between May 6, 2024 and July 29, 2024.

Class Action Filed Against Symbotic Inc. (SYM) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / October 14, 2024 / If you suffered a loss on your Symbotic Inc. (NASDAQ:SYM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/symbotic-lawsuit-submission-form?prid=108396&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on Symbotic Inc.(SYM) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Symbotic Inc. ("Symbotic" or the "Company") (NASDAQ: SYM) of a class action securities lawsuit.

Shareholders that lost money on Symbotic Inc.(SYM) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 15, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) securities between May 6, 2024, to July 29, 2024, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On July 29, 2024, Symbotic released its third quarter fiscal 2024 fin.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Symbotic Inc. (SYM)

LOS ANGELES, CA / ACCESSWIRE / October 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Symbotic Inc. ("Symbotic" or "the Company") (NASDAQ:SYM) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 6, 2024 and July 29, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before October 15, 2024.

Oct 14 Deadline: The Schall Law Firm Encourages Investors To Join A Securities Fraud Case Against Symbiotic Inc.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Symbotic To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Symbotic between May 6, 2024 and July 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). [You may also click here for additional information].

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Symbotic

An expanded relationship with Walmart is a good sign for shareholders.

News for Symbotic Inc Stock (SYM)