Symbotic Q3 revenue rises 22%, slightly beats estimates
SYM•Quarterly results and outlook
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U.S. robotics tech firm's fiscal Q3 revenue up 22% yr/yr, slightly beating analyst expectations
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Net income turned positive at $55 mln from a year-ago loss
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Adjusted EBITDA more than doubled yr/yr to $95 mln
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Symbotic expects Q4 revenue between $760 mln and $780 mln
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Company sees Q4 adjusted EBITDA of $100 mln to $105 mln
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CUSTOMER OPPORTUNITIES - Co said it is seeing increasing opportunities to broaden scope of work with existing and prospective customers
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KEY OBJECTIVES - Co said it is well on track to deliver against its key objectives for the fiscal year, per CEO Rick Cohen
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q3 Revenue | Slight Beat* | $720.84 mln | $715.14 mln (17 Analysts) |
| Q3 Net Income | $55 mln | ||
| Q3 Gross Profit | $160.91 mln | ||
| Q3 Operating Expenses | $128.02 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
