Robotics vendor Symbiotic jumps after quarterly revenue beat

Symbotic

18/11/2024 21:27

** Shares of robotics vendor Symbiotic  SYM.O  up 12% at
$34.40 in extended trading 
    ** Company reported Q4 revenue of $576.8 mln vs ests. of
$470.3 mln, according to data compiled by LSEG 
    ** Company reported net income of $28 mln vs loss of $45.4
mln a year ago
    ** Systems revenue came in at $548.6 mln vs $380.2 mln last
year
    ** Up to last close, stock had fallen 40% YTD

 (Reporting by Zaheer Kachwala in Bengaluru)
 ((Zaheer.Kachwala@thomsonreuters.com))