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Symbotic (SYM)
NASDAQ:SYM
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -15.62%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strong performance in revenue growth and strategic acquisitions, particularly with Walmart, contributing to a positive outlook. However, challenges in deployment execution and increased operating expenses were notable downsides, though they are expected to moderate in the future.Company Guidance
During Symbotic's first-quarter 2025 financial results conference call, the company provided guidance reflecting strong growth and strategic investments. Revenue for the first quarter grew by 35% year-over-year to $487 million, driven by a significant increase in recurring revenue, including software and operation services, with software revenue more than doubling and achieving margins over 65%. The company closed three acquisitions, including Walmart's Advanced Systems and Robotics business, contributing to a backlog of $22.4 billion and a future revenue opportunity of over $5 billion. Looking ahead to the second quarter of fiscal 2025, Symbotic expects revenue between $510 million and $530 million, with adjusted EBITDA ranging from $26 million to $30 million, indicating at least 30% year-over-year revenue growth. This outlook accounts for a sequential increase in gross margins and operating expenses associated with recent acquisitions, with modest contributions from the Walmart acquisition expected as the development program progresses.Strong Revenue Growth
First quarter revenue grew 35% year-over-year to $487 million, driven by solid progress across deployments and over 80% growth in recurring revenue from software and operation services.
Expansion in Software Margins
Software revenue more than doubled year-over-year, delivering software margins over 65% for the first time in a quarter.
Successful Acquisitions and Strategic Partnerships
Closed three acquisitions in the last seven months, including a transformative acquisition of Walmart's Advanced Systems and Robotics business, representing over $5 billion of future backlog.
Positive Cash Flow
Finished the quarter with cash and equivalents of $903 million, increasing significantly from $727 million in the previous quarter, primarily due to cash from operations.
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SYM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SYM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $30.92 | $25.99 | -15.94% |
| Nov 18, 2024 | $30.56 | $39.02 | +27.68% |
| Jul 29, 2024 | $35.63 | $27.25 | -23.52% |
| May 06, 2024 | $41.94 | $46.50 | +10.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Symbotic (SYM) report earnings?
Symbotic (SYM) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Symbotic (SYM) earnings time?
Symbotic (SYM) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SYM EPS forecast?
SYM EPS forecast for the fiscal quarter 2025 (Q2) is 0.05.
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