Exhibit 99.1 Serve Robotics Announces First Quarter 2025 Results SAN FRANCISCO, May 08, 2025 -- Serve Robotics Inc. (the "Company" or "Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced financial results for the first quarter ended March 31, 2025. "We had a strong start to the year, meeting our key Q1 objectives—including the successful build of 250 new third-generation robots and the launch of new markets," said Dr. Ali Kashani, Serve Robotics' Co-founder and CEO. "With ...

Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiencyContinued geographic expansion into Miami and Dallas metros; Atlanta launch on trackFirst quarter revenue of $440 thousand, a 150% increase versus Q4 2024Unlocking the value of Serve’s software and data platform; recurring revenue generation expected in Q2Strengthened balance sheet with $91.5 million in new capital, ending the quarter with a record $198 million cash position SAN FRANCISCO, May 08, 2025 ...

Serve Robotics (SERV) is set to report first-quarter 2025 results on May 8.For first-quarter 2025, the Zacks Consensus Estimate for revenues is pegged at $0.50 million, indicating a 47.37% decline from the figure reported in the year-ago quarter. The consensus mark for loss has been unchanged at 21 cents per share over the past 30 days and much narrower than a loss of 37 cents reported in the year-ago quarter.In fourth-quarter 2024, Serve Robotics reported revenues of $0.176 million compared with $0.43 mill ...

SAN FRANCISCO, April 24, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 first quarter financial results on Thursday, May 8, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast InformationCompany management will host a conference call at 2 p.m. PT / 5 p.m. ET. A live audio webcast will be available at in ...

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DALLAS, April 03, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Dallas-Fort Worth metro area. This strategic expansion, in continued partnership with Uber Eats—the delivery platform of Uber Technologies Inc. (NYSE:UBER)— represents a major milestone in Serve's plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Serve robots have begun operating in the Uptow ...

Serve Robotics (SERV) shares have plunged 52.9% in the past three months, underperforming the Zacks Computer & Technology sector, the Zacks IT Services industry, the Technology Select Sector SPDR Fund (XLK) and the S&P 500 index’s decline of  8.4%, 13.3%, 8.1% and 3.8%, respectively.The massive underperformance of this AI-powered last-mile robot delivery service provider in such a short period raises the question: Whether investors should take the risk of staying invested in this early-stage company or exit ...

Is this a 10x stock in the making or another flop in new hardware from Silicon Valley?Serve Robotics (SERV -6.49%) has had a volatile year and has gathered a lot of momentum from new partnerships and launches in the U.S. But is this a durable business with a bright future or a disappointment in the making? Travis Hoium digs into the company's products and financials in this video.*Stock prices used were end-of-day prices of March 19, 2025. The video was published on March 20, 2025. ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end Q1, consider joining Out Fox The Street .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SERV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...

Serve Robotics (SERV) Q4 2024 Earnings Call March 07, 2025 02:31 AM ET Company Participants Aduke Thelwell - Head of IR & CommunicationsAli Kashani - Co-Founder & CEOBrian Read - CFO Operator Thank you for standing by. My name is Danielle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fourth Quarter and Full Year twenty twenty four Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, th ...