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Jun 24, 2023
Symbotic Q3 2023 Earnings Report
Reported record revenue and operating margin.
Key Takeaways
Symbotic reported strong revenue growth with a record operating margin. The company initiated six new system deployments and completed commissioning of one system. A new systems sales contract with GreenBox increases the contracted backlog to approximately $23 billion.
Achieved record revenue.
Attained record operating margin.
Initiated six new system deployments.
Completed commissioning of one system.
Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal 2023, Symbotic expects revenue of $290 million to $310 million, and an adjusted EBITDA of $0 million to $3 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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