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Symbotic Posts Fiscal Q1 Loss; Revenue Rises; Q2 Sales Outlook Set; Shares Fall After Hours
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Symbotic Posts Fiscal Q1 Loss; Revenue Rises; Q2 Sales Outlook Set; Shares Fall After Hours
Feb 5, 2025 1:30 PM

04:12 PM EST, 02/05/2025 (MT Newswires) -- Symbotic ( SYM ) reported a fiscal Q1 diluted loss Wednesday of $0.03 per share, matching the loss of $0.03 a year earlier.

Analysts polled by FactSet expected a loss of $0.03.

Revenue in the three months ended Dec. 28 rose to $486.7 million from $359.9 million a year earlier.

Analysts surveyed by FactSet expected $490 million.

The company expects fiscal Q2 revenue of $510 million to $530 million.

Analysts surveyed by FactSet expect $533.3 million.

The company's shares fell 8.5% in recent after-hours trading.

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