04:34 PM EDT, 07/29/2024 (MT Newswires) -- Symbotic ( SYM ) reported a fiscal Q3 loss Monday of $0.02 per diluted share, narrower than a loss of $0.07 a year earlier.

Analysts polled by Capital IQ expected breakeven.

Revenue in the quarter ended June 29 rose to $491.8 million from $311.8 million a year earlier.

Analysts surveyed by Capital IQ expected $463.8 million.

The company expects fiscal Q4 revenue of $455 million to $475 million.

Analysts polled by Capital IQ project $516.6 million.

The company's shares tumbled 13% in recent after-hours trading.

Price: 30.96, Change: -4.67, Percent Change: -13.11