Symbotic Shares Rise 9% After 4Q Revenue Beat [MarketWatch]
Symbotic Inc. - Class A (SYM)
Company Research
Source: MarketWatch
The Massachusetts-based robotics company said it had revenue for the quarter ended Sept. 24 of $244.4 million, compared with $91.7 million in the same quarter last year. Analysts polled by FactSet were looking for revenue of $152.8 million. Symbotic had a loss of $5.5 million, or 10 cents a share, in the quarter. Analysts were looking for a loss of $30.7 million, or five cents a share. The company is looking for first-quarter revenue in fiscal year 2023 of $170 million to $200 million, while analysts are expecting revenue of $184.6 million. Symbotic also said Chairman, President and Chief Product Officer Rick Cohen will return to his role as chief executive and Michael Loparco will serve as a special adviser to the board for a period of transition. Write to Chris Wack at chris.wack@wsj.com
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News
- Symbotic: Closely Watching The Next Earnings Release [Seeking Alpha]Seeking Alpha
- Wall Street Analysts Think SYMBOTIC INC (SYM) Is a Good Investment: Is It? [Yahoo! Finance]Yahoo! Finance
- Symbotic to Stream Investor Day Webcast on May 9, 2024GlobeNewswire
- Symbotic Announces Date for Reporting Second Quarter Fiscal 2024 Financial ResultsGlobeNewswire
- Symbotic Inc. (SYM) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
SYM
Earnings
- 2/5/24 - Beat
SYM
Sec Filings
- 4/18/24 - Form 3
- 4/9/24 - Form 4
- 4/5/24 - Form 144
- SYM's page on the SEC website