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0.0145510204081632 0.00670553935860049 -0.0262390670553938 0.0364431486880466 0.125247813411079 0.137609329446064 0.107862973760933 0.0932944606413993
Stock impact report

Symbotic Reports Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]

Symbotic Inc. - Class A (SYM) 
Company Research Source: Yahoo! Finance
chain, announced financial results for its fourth fiscal quarter and fiscal year ended September 28, 2024. Symbotic posted revenue of $577 million, net income of $28 million and adjusted EBITDA of $55 million for the fourth quarter of fiscal 2024. In the same quarter of fiscal 2023, Symbotic had revenue of $392 million, a net loss of $45 million and adjusted EBITDA of $13 million. Cash, cash equivalents and marketable securities on hand decreased by $143 million from the prior quarter to $727 million at the end of the fourth quarter. For the full fiscal year 2024, Symbotic reported revenue of $1,822 million, reflecting 55% growth year over year, a net loss of $51 million, and adjusted EBITDA of $96 million. “I'm pleased with our performance this year, as our focus on innovation and customer success has delivered robust growth. This year's results, driven by the hard work and dedication of our team, underscore the strength of our long-term strategy and commitment to driving sustain Show less Read more
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