NasdaqGM:SYMMachinery
Symbotic (SYM) Is Up 10.4% After First Profitable Quarter And Higher Guidance Has The Bull Case Changed?
Symbotic Inc. recently reported first-quarter fiscal 2026 results, with revenue rising to US$629.99 million and net income improving to US$2.6 million, lifting earnings per share from a loss to US$0.02.
The company also issued second-quarter revenue guidance of US$650 million to US$670 million and highlighted expanding high-profile partnerships, including with Walmart and SoftBank, that are reshaping its automated logistics footprint.
We’ll now examine how Symbotic’s shift to profitability,...