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

Earnings data Q1 2025

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.

Symbotic Inc reports robust Q4 performance, eyes stable growth in Q1

Symbotic Inc's Q4 2024 earnings call highlighted strong performance, expansion into new geographies, and investments in technology and people. Challenges with restatements were addressed, and the company is poised for stable growth and scaling EBITDA margin in Q1 2025.

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.

BOSTON, MA / ACCESSWIRE / November 27, 2024 / Block & Leviton is investigating Symbotic Inc. (Nasdaq:SYM) for potential securities law violations. Investors who have lost money in their Symbotic Inc. investment should contact the firm to learn more about how they might recover those losses.

Symbotic Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

Symbotic's stock plunged after the robotics company became the latest example of the consequences of weaknesses in controls over financial reporting.

This $22 billion robotics company's stock is tumbling as accounting errors found

Robotics firm Symbotic discovered a significant error “related to system revenue recognition.” The annual report will be in late.

Symbotic Stock Is Dropping on Earnings Restatement, Lowered Outlook

Lemonade

Serve Robotics Inc

Symbotic, Serve Robotics, and Lemonade are all potential millionaire makers.

3 Millionaire-Maker Artificial Intelligence (AI) Stocks

Symbotic NASDAQ: SYM is a revolutionary robotics company whose stock is on the rise big time over the past three months. Shares are up 52% over that period.

Symbotic Is Up Nearly 50% in 3 Months: Why It Can Keep Winning

Should Investors Buy Symbotic Stock Right Now?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Wall Street Analysts Think SYMBOTIC INC (SYM) Is a Good Investment: Is It?

Symbotic Inc.'s unique automation platform and first mover advantage in AI-enabled robotics technology significantly reduce warehouse labor costs and improve retailers' ROI. Recent international expansion, including a contract with Walmex, positions Symbotic for strong growth in South America and beyond. Symbotic's robust $22.4 billion backlog and impressive revenue growth support a one-year target price of $55 per share.

Symbotic: Leading Player In Warehouse Automation; Initiate With 'Buy'

Strong quarterly earnings are only one positive.

Symbotic Stock Rises 29%. Here's Why the AI-Robot Company Is Surging.

Symbotic stock price staged a strong comeback on Monday after the warehouse technology company published strong financial results. SYM shares jumped by over 26%, reaching a high of $38.60, its highest level since July this year.

Symbotic stock analysis: is it too late to buy the soaring SYM?

Symbotic Inc. (NASDAQ:SYM ) Q4 2024 Earnings Conference Call November 18, 2024 5:00 PM ET Company Participants Charlie Anderson - VP, IR Rick Cohen - Founder, Chairman & CEO Carol Hibbard - CFO Jeff Evanson - VP, IR & Corporate Development Conference Call Participants Jim Ricchiuti - Needham Ross Sparenblek - William Blair Ken Newman - KeyBanc Capital Markets Damian Karas - UBS Matt Summerville - D.A. Davidson Derek Soderberg - Cantor Fitzgerald Rob Mason - Baird Greg Palm - Craig-Hallum Michael Latimore - Northland Capital Markets Guy Hardwick - Freedom Capital Markets Operator Thank you for standing by, and welcome to Symbotic's Fourth Quarter and Fiscal 2024 Financial Results Conference Call.

Symbotic Inc. (SYM) Q4 2024 Earnings Call Transcript

Symbotic Inc. (SYM) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.08 per share a year ago.

Symbotic Inc. (SYM) Tops Q4 Earnings and Revenue Estimates

WILMINGTON, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.

Symbotic Reports Fourth Quarter and Fiscal Year 2024 Results

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.

News for Symbotic Inc Stock (SYM)