SYMBOTIC INC. overview

WILMINGTON, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will host an Investor Day with financial analysts and institutional investors on May 9, 2024. Executive leaders from Symbotic will present an updated view of the company’s long-term strategy, followed by Q&A. The event will be live streamed starting at 3:00 PM ET on May 9, 2024. Registration is required. To participate in the...

WILMINGTON, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release second quarter fiscal 2024 financial results after the market close on Monday, May 6, 2024. The press release will also be available on the Symbotic Investor Relations website: www.ir.symbotic.com . The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same...

WILMINGTON, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has been named to Fast Company ’s prestigious list of the World’s Most Innovative Companies of 2024. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. Symbotic earned top ranking in the Robotics category and number 34 overall on the 2024 World’s 50 Most...

WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 10,000,000 shares of its Class A common stock by the Company and certain trusts for the benefit of, and entities controlled by, Richard Cohen, the Company’s founder, chairman and chief executive officer, or members of his family (the...

WILMINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced that it has commenced an underwritten public offering (the “Offering”) of its Class A common stock by the Company and certain trusts for the benefit of, and entities controlled by, Richard Cohen, the Company’s founder, chairman and chief executive officer, or members of his family (the “Selling Securityholders”). The...

WILMINGTON, Mass., Feb. 05, 2024 (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 2024 ending December 30, 2023. Symbotic posted revenue of $369 million, a net loss of $13 million and adjusted EBITDA 1 of $14 million for the first quarter of fiscal 2024. In the same quarter of fiscal 2023, Symbotic had revenue of $206 million, a net loss of $68 million and an adjusted...

WILMINGTON, Mass., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release first quarter fiscal 2024 financial results after the market close on Monday, February 5, 2024. The press release will also be available on the Symbotic Investor Relations website: www.ir.symbotic.com . The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same...

WILMINGTON, Mass., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced financial results for its fourth quarter and fiscal year ended September 30, 2023. Symbotic posted revenue of $392 million, a net loss of $45 million and adjusted EBITDA 1 of $13 million for the fourth quarter of fiscal 2023. In the same quarter of fiscal 2022, Symbotic had revenue of $244 million, a net loss of $53 million and an...