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Serve Robotics Inc.

6.66

+0.760012.88%

Post-market: 6.660.00000.00%16:38 EDT

Volume:5.48M

Turnover:35.67M

Market Cap:378.36M

PE:-6.23

High:6.75

Open:5.88

Low:5.80

Close:5.90

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Overview Company News Filings

Serve Robotics: Entered Into Equity Distribution Agreement, May Offer & Sell From Time to Time Shares of Co's Common Stock of up to $100 Mln

THOMSON REUTERS

Serve Robotics Q3 2024 GAAP EPS $(0.20) Misses $(0.18) Estimate, Sales $221.56K Miss $282.33K Estimate

Serve Robotics to acquire Vebu

Serve Robotics Q3 Net Loss Widens to $8.0 Million on Higher Operating Expenses Despite 255.6% Revenue Growth

Serve Robotics steps into restaurant kitchens with Vebu acquisition

Press Release: Serve Robotics Announces Third Quarter 2024 Results

Serve Robotics Inc - Financial Terms of All-Stock Transaction Not Disclosed

THOMSON REUTERS

Serve Robotics to Acquire Autocado Robot Maker Vebu, Expanding Automation Offering

THOMSON REUTERS

Serve Robotics: Vebu’s CEO Buck Jordan Will Join Co as Svp of Kitchen Automation Upon Deal Close, Will Continue to Lead Vebu Team

THOMSON REUTERS

Serve Robotics: Does Not Anticipate Undertaking Additional Financing to Support Vebu Deal

THOMSON REUTERS

Serve Robotics: to Acquire Autocado Robot Maker Vebu; Financial Terms of All-Stock Transaction Were Not Disclosed

THOMSON REUTERS

Are Tech Valuations Stretched to The Breaking Point? The Most Likely Answer May Surprise You

PROCEPT BioRobotics Posts Strong Q3 Earnings, Joins Monte Rosa Therapeutics, EyePoint Pharmaceuticals And Other Big Stocks Moving Higher On Monday

Ladenburg Initiates Serve Robotics at Buy With $16 Price Target

MT Newswires Live

Ladenburg starts Serve Robotics with Buy on large market disruption

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Financial terms of the all-stock transaction were not disclosed. Vebu's signature robotic product is the Autocado, the avocado-processing robot which eliminates the need for restaurant workers to spend hours cutting, coring and scooping avocados to prepare guacamole. It is now in pilot testing in Chipotle's Huntington Beach, Calif. restaurant.  Vebu's founder and CEO Buck Jordan will join Serve Robotics as SVP of Kitchen Automation. SERV -11.17% after hours to $9.62. 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Delivery services revenue grew 107.9% to $112,288. Branding fees revenue grew significantly to $70,500 from $8,500 in Q3 2023.The company is developing autonomous robots","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Serve Robotics Q3 Net Loss Widens to $8.0 Million on Higher Operating Expenses Despite 255.6% Revenue Growth","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SERV"],"gpt_icon":1},{"id":"2481015252","title":"Serve Robotics steps into restaurant kitchens with Vebu acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=2481015252","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481015252?lang=en_us&edition=fundamental","pubTime":"2024-11-08 05:14","pubTimestamp":1731014041,"startTime":"0","endTime":"0","summary":"Serve Robotics steps into restaurant kitchens with Vebu acquisition Nov 7 (Reuters) - Serve Robotics SERV.O, known for its sidewalk delivery robots, is branching out from its mainstay focus on automat","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":"5c83778e7f57a6c41f41b0dec7190418","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241107:nL4N3ME2RD:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SERV"],"gpt_icon":1},{"id":"2481757154","title":"Press Release: Serve Robotics Announces Third Quarter 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2481757154","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481757154?lang=en_us&edition=fundamental","pubTime":"2024-11-08 05:10","pubTimestamp":1731013800,"startTime":"0","endTime":"0","summary":"-- Announced plans for geographic expansion into the Dallas Fort Worth metro. SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc.  , a leading autonomous sidewalk delivery company, today announced financial results for the third quarter 2024 ended September 30, 2024.\"During the third quarter we made significant operational and financial progress related to several priorities; laying the foundation for a successful 2025,\" said Dr. Ali Kashani, Serve's Co-founder and CEO. \"Regarding our agreement with Uber Eats to deploy 2,000 robots by year end 2025, we are ahead of schedule with the initial manufacturing and rollout. We remain on track to deploy 2,000 new robots across multiple markets next year. Furthermore, we announced the potential acquisition of Vebu, which brings us into a strategically adjacent service offering, and we initiated partnerships with Wing Aviation and Shack Shack to expand our reach.  Importantly, we successfully raised $32.3 million in new capital to 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