Symbotic Analysts Increase Their Forecasts After Q4 Earnings

Symbotic, Inc. (NASDAQ:SYM) posted better-than-expected fourth-quarter revenue after Monday’s closing bell.Symbotic reported quarterly losses of three cents per share, which met the analyst estimate. Quarterly revenue of $618.46 million, which beat the Street estimate of $604 million and was up from revenue of $576.77 million from the same period last year."We delivered on our commitments to achieve strong top-line growth, a significant rise in operational systems, and strong margin expansion in fiscal year ...