SYMBOTIC INC (SYM) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Symbotic Inc. reported revenue of $486.69 million for the quarter ended December 2024, reflecting a year-over-year increase of 32.1% [1] - The earnings per share (EPS) was -$0.03, slightly worse than the previous year's EPS of -$0.02 [1] - The revenue fell short of the Zacks Consensus Estimate by 0.60%, while the EPS exceeded the consensus estimate by 25.00% [1] Revenue Breakdown - Software maintenance and support revenue was $5.53 million, surpassing the two-analyst average estimate of $5.25 million [4] - Systems revenue reached $464.06 million, slightly above the two-analyst average estimate of $461.94 million [4] - Operation services revenue was $17.11 million, below the two-analyst average estimate of $19.97 million [4] Stock Performance - Shares of Symbotic Inc. have returned +18.4% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]