Symbotic Inc. (NASDAQ:SYM) reported its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
The Details: Symbotic reported quarterly losses of three cents per share which missed the analyst consensus estimate for losses of two cents. Quarterly revenue of $486.69 million also missed the analyst consensus estimate of $490.98 million.
Read Next: Amazon ‘Relatively Well-Positioned’ To Face Trump’s Tariffs: Analyst
“In the first quarter, we continued to deliver high growth while enhancing our technology position,” said Rick Cohen, CEO of Symbotic.
“With our recent acquisition of Walmart’s Advanced Systems and Robotics business now completed, we look forward to enhancing an already strong position to drive exceptional results for our stakeholders,” Cohen added.
Outlook: Symbotic sees second-quarter revenue of between $510 million and $530 million, versus the $535.78 million estimate.
SYM Price Action: According to data from Benzinga Pro, Symbotic shares are down 11.48% after hours at $27.37 Wednesday.
Read Next:
Photo: Shutterstock
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。