Symbotic Inc. (SYM) saw its stock surge 6.32% in after-hours trading on Wednesday following the release of its second-quarter fiscal 2025 results. The company, which specializes in AI-enabled robotics technology for supply chains, reported better-than-expected revenue figures, despite posting a net loss.
For the quarter ended March 29, 2025, Symbotic reported revenue of $549.7 million, significantly surpassing analysts' expectations of $522.4 million. This represents a 40% year-over-year increase from $393.3 million in the same quarter last year. The company's strong top-line growth was driven by increased system deployments and expanding customer relationships.
However, Symbotic still faces challenges in achieving profitability. The company reported a net loss of $21.4 million for the quarter, or $0.04 per diluted share. While this loss narrowed from $0.09 per share in the year-ago period, it highlights the ongoing investments Symbotic is making in research and development and expanding its operations. Despite the losses, investors seemed to focus on the revenue growth and future potential, as evidenced by the stock's positive reaction in after-hours trading.
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