Symbotic (SYM)

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Symbotic Gets Big Earnings Lift: Is the Stock Investable Again?
MarketBeat· 2025-05-16 11:46
Symbotic TodaySYMSymbotic$26.94 -1.06 (-3.79%) 52-Week Range$16.32▼$47.42Price Target$37.20Add to WatchlistFor warehouse robotics company Symbotic NASDAQ: SYM, breaking records on important business metrics was key to its latest big post-earnings move. Symbotic shares saw a significant 6% rise after the industrial company’s latest earnings report came out on May 7. This would be a big move for many stocks, but it actually is rather measured for Symbotic. Aside from this one, Symbotic’s last 10 earnings rel ...
Eric Branderiz Joins Symbotic’s Board of Directors
GlobeNewswire· 2025-05-15 20:00
Seasoned CFO brings deep experience of high-growth environments in industrial technology, and finance and accounting leadership in sophisticated global manufacturing organizationsWILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025. Mr. Branderiz joins Symbotic’s Board following a nearly 30-year career in public and pr ...
Symbotic: Tariff Uncertainty Overshadows Improved Fundamentals
Seeking Alpha· 2025-05-08 20:56
Symbotic Inc. (NASDAQ: SYM ) reported solid growth in Q2, although it benefitted significantly from the acquisition of Walmart Inc.'s ( WMT ) advanced systems and robotics business. System deployments and completions were strong in the quarter, as were Symbotic's gross margins. While thisRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted ...
SYMBOTIC INC (SYM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-07 22:30
For the quarter ended March 2025, Symbotic Inc. (SYM) reported revenue of $549.65 million, up 29.5% over the same period last year. EPS came in at -$0.04, compared to $0.22 in the year-ago quarter.The reported revenue represents a surprise of +6.13% over the Zacks Consensus Estimate of $517.91 million. With the consensus EPS estimate being $0.05, the EPS surprise was -180.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Symbotic Inc. (SYM) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2025-05-07 22:10
Symbotic Inc. (SYM) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -180%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.03, delivering a surprise of 25%.Over the last four quarters, the company has surpassed consensus E ...
Symbotic (SYM) - 2025 Q2 - Earnings Call Transcript
2025-05-07 22:02
Symbotic (SYM) Q2 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Charlie Anderson - SVP, IR & Corporate StrategyRichard Cohen - Chairman of The Board & Chief Executive OfficerCarol Hibbard - CFO & TreasurerColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchGuy Hardwick - Managing Director Conference Call Participants Andy Kaplowitz - AnalystNicole Deblase - Lead AnalystJames Ricchiuti - Senior AnalystMatthew Summerville - Equity AnalystJoe Giordano ...
Symbotic (SYM) - 2025 Q2 - Earnings Call Transcript
2025-05-07 22:00
Symbotic (SYM) Q2 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 and thank you for standing by. Welcome to the Symbotic Second Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Charlie Anderson, Symbotic Vice President of ...
Symbotic (SYM) - 2025 Q2 - Quarterly Report
2025-05-07 20:40
(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the transition period from ______ to Commission file number 001-40175 SYMBOTIC INC. (Exact name of registrant as specified in its charter) Delaware 98-1572401 (State or other jurisdicti ...
Symbotic (SYM) - 2025 Q2 - Quarterly Results
2025-05-07 20:03
By comparison, in the second quarter of fiscal year 2024, Symbotic had revenue of $393 million, a net loss of $55 million and adjusted EBITDA of $9 million. 1 Cash and cash equivalents increased by $52 million from the prior quarter to $955 million at the end of the second quarter of fiscal year 2025. "Our execution has improved, and our margins expanded," said Symbotic Chairman and Chief Executive Officer Rick Cohen. "With stronger project execution and a compelling roadmap of product innovation, we remain ...
Symbotic Reports Second Quarter Fiscal Year 2025 Results
GlobeNewswire· 2025-05-07 20:00
By comparison, in the second quarter of fiscal year 2024, Symbotic had revenue of $393 million, a net loss of $55 million and adjusted EBITDA of $9 million. Cash and cash equivalents increased by $52 million from the prior quarter to $955 million at the end of the second quarter of fiscal year 2025. "Our execution has improved, and our margins expanded," said Symbotic Chairman and Chief Executive Officer Rick Cohen. "With stronger project execution and a compelling roadmap of product innovation, we remain w ...