WILMINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter of 2025, ended December 28, 2024. Symbotic posted revenue of $487 million, a net loss of $19 million and adjusted EBITDA1 of $18 million for the first quarter of fiscal 2025. In the first quarter of fiscal 2024, Symbotic had revenue of $360 million, a net loss of $19 million and adjusted EBITDA1 of $8 mil ...

LOS ANGELES, Feb. 4, 2025 /PRNewswire/ --  The DJS Law Group reminds investors of a class action lawsuit against Symbotic Inc. ("Symbotic" or "the Company") (NASDAQ: SYM) for violations of the federal securities laws.Shareholders who purchased the Company's securities between February 8, 2024 and November 26, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 3, 2025. DJS Law Group CASE DETAILS: Symbotic allegedly made false and misleading statements to the market ...

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Symbotic Inc. (NASDAQ: SYM) between February 8, 2024 and November 26, 2024, both dates inclusive (the "Class Period"), of the important February 3, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased Symbotic securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or co ...

Symbotic Inc. (SYM) is scheduled to release its first-quarter fiscal 2025 results on Feb. 5, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.The company surpassed the Zacks Consensus Estimate in three of the four trailing quarters and missed once, delivering an average earnings surprise of 190%Symbiotic’s Q1 ExpectationsThe Zacks Consensus Estimate for SYM’s revenues is pegged at $489.6 million, suggesting a 32.9% rise from the year-ago quarter’s actual. The top line is ex ...

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Symbotic Inc. (NASDAQ: SYM) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Symbotic, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/symbotic-inc. Investors have until February 3, 2025, to ask the Court to be appointed to lead th ...

SAN DIEGO, Jan. 30, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Symbotic Inc. (NASDAQ: SYM) publicly traded securities between February 8, 2024 and November 26, 2024, inclusive (the "Class Period"), have until this Monday, February 3, 2025 to seek appointment as lead plaintiff of the Symbotic class action lawsuit.  Captioned Decker v. Symbotic Inc., No. 24-cv-12976 (D. Mass.), the Symbotic class action lawsuit charges Symbotic as well as ce ...

The most recent trading session ended with Symbotic Inc. (SYM) standing at $29.26, reflecting a -1.01% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.47%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq decreased by 0.51%.The company's stock has climbed by 24.67% in the past month, exceeding the Business Services sector's gain of 3.17% and the S&P 500's gain of 1.67%.The investment community will be p ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Symbotic Inc. despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Symbotic Inc. is expected to report a quarterly loss of $0.04 per share, reflecting a year-over-year change of -100%, while revenues are projected to be $489.61 million, an increase of 32.9% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly reassessed their initial estimates during this period [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Symbotic Inc. is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +50%, suggesting a bullish outlook from analysts [10]. Historical Performance - In the last reported quarter, Symbotic Inc. exceeded the expected earnings of $0.03 per share by delivering $0.05, resulting in a surprise of +66.67%. The company has beaten consensus EPS estimates three times over the last four quarters [12][13]. Overall Assessment - Symbotic Inc. is viewed as a compelling candidate for an earnings beat, but investors are advised to consider other factors beyond earnings expectations when making investment decisions [16].

WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) --  Symbotic Inc. (NASDAQ:SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisition of the Advanced Systems and Robotics business from Walmart (NYSE:WMT) and signed the related commercial agreement with Walmart covering the development and deployment of automation systems for Accelerated Pickup and Delivery centers ("APDs") at Walmart stores (the "Commercial Agreement"). Walmart has chosen ...

Core Insights - Symbotic Inc. has completed the acquisition of the Advanced Systems and Robotics business from Walmart and signed a commercial agreement for automation systems development [1][2] - The partnership aims to enhance Walmart's online pickup and delivery services, with Walmart committing to a $520 million development program [2][3] - This transaction could increase Symbotic's future backlog by over $5 billion and expand its addressable market by more than $300 billion in the U.S. [3] Company Overview - Symbotic is a leader in A.I.-enabled robotics technology, focusing on transforming supply chain operations through advanced automation solutions [4] - The company aims to improve the efficiency and effectiveness of distribution challenges faced by major retail and wholesale companies [4]