Symbotic Stock Soars 22% as Earnings Beat and Revenue Crushes Estimates
Fiscal Q4 revenue rocketed 60% year over year, crushing Wall Street's expectation of 26% growth. Loss per share was $0.08, which easily exceeded the analyst consensus estimate of a loss per share o...
Symbotic Inc. (SYM) Q4 2023 Earnings Call Transcript
Symbotic Inc. (NASDAQ:SYM ) Q4 2023 Results Conference Call November 20, 2023 5:00 PM ET Company Participants Jeff Evanson - VP, IR Rick Cohen - Chairman and CEO Tom Ernst - CFO Carol Hibbard - Inc...
Symbotic Stock Jumps As Warehouse Automation Firm Posts Adjusted Profit
Symbotic, a maker of robotic technologies for automating warehouses, crushed estimates for its fiscal Q4 and guided analysts higher.
Why Symbotic Stock Popped 15% This Week
Symbotic jumped after announcing a new long-term strategic agreement with Southern Glazer's Wine & Spirits. The warehouse automation specialist is set to announce quarterly results early next week.
Walmart Is the Best and Worst Thing to Happen to Symbotic Stock. Here's Why.
A master agreement with Walmart has altered Symbotic's direction as a company. Walmart is now its majority shareholder with a whopping 73% of outstanding shares.
Is It Too Late to Buy Symbotic Stock?
This has been a breakout year for the warehouse automation specialist, with the stock gaining more than 210%. The company boasts a roster of some of the world's largest retailers.
Symbotic is at a Critical Price Point: Are Big Gains in Sight?
Symbotic NASDAQ: SYM stock is down about 50% from the summer highs, but all is not lost. The market has reached the bottom and is at a critical price point that could lead to a rebound this year.
3 Things About Symbiotic That Smart Investors Know
Symbiotic generates most of its revenue from Walmart. It's relying on a new joint venture with its other big backer, SoftBank, to diversify its top line away from Walmart.
Where Will Symbiotic Stock Be in 1 Year?
Symbiotic's stock has skyrocketed since its SPAC-backed debut last year. More companies are adopting its AI-powered warehouse robots.
Symbotic: Strong Fundamentals But Be Patient For Better Entry Point
Symbotic's share price has surged 428% year to date, making it the largest winner in the warehouse automation theme. The Symbotic platform differentiates itself from competitors, including its comp...
Symbotic: More Gains Ahead Before A Valuation Reality Check
Symbotic Inc. is strategically positioning itself for sustained growth through a multifaceted approach. The company's fiscal third-quarter earnings report, released on July 31, solidified its ascen...
Symbotic's AI-Enabled Robotics Could Revolutionize the Warehouse Industry
It uses artificial intelligence and robotics to transform warehouse logistics. One huge risk is the company's terrible margins.
Why Automation Stock Symbotic Surged 48% in July
Symbotic recently signed a contract to sell automation systems worth $7.5 billion. The company's revenue is already hitting record highs.
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