Symbotic Inc. is a technology company that specializes in automating supply chain operations and warehouse management using advanced robotics and artificial intelligence. The company develops innovative systems designed to enhance the efficiency and accuracy of inventory management, order fulfillment, and logistics processes for retailers and wholesalers. By integrating cutting-edge automation technologies, Symbotic aims to streamline warehousing operations, reduce labor costs, and improve overall operational performance in the supply chain sector. Their solutions are tailored to meet the demands of a rapidly evolving retail landscape, leveraging data-driven insights to optimize inventory handling and delivery. Read More
WILMINGTON, Mass., June 09, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the appointment of Izzy Martins as Chief Financial Officer, effective August 9, 2025. Martins will join Symbotic as CFO-designate on July 1, 2025, succeeding Carol Hibbard who will depart to explore other opportunities. Hibbard will remain with the company through the end of the calendar year to ensure a smooth transition.
Seasoned CFO brings deep experience of high-growth environments in industrial technology, and finance and accounting leadership in sophisticated global manufacturing organizations
WILMINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second quarter of fiscal year 2025, which ended on March 29, 2025. Symbotic posted revenue of $550 million, a net loss of $21 million and adjusted EBITDA1 of $35 million for the second quarter of fiscal year 2025.
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WILMINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release second quarter fiscal 2025 financial results after the market close on Wednesday, May 7, 2025. The press release will also be available on the Symbotic Investor Relations website: www.ir.symbotic.com. The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same date.
NetworkNewsWire Editorial Coverage : As labor shortages persist and consumer expectations rise, service robots powered by artificial intelligence (“AI”) are transforming the hospitality and food service industries. Hotels, restaurants and cafes are rapidly adopting robotic solutions to improve efficiency, reduce costs and enhance guest experiences. With the market for hospitality robots projected to reach $65.4 billion by 2032, these innovations are reshaping service standards and addressing critical workforce challenges. Nightfood Holdings Inc. (OTCQB: NGTF) ( Profile ) is seizing the opportunity to lead this transformative shift—not just as a tech innovator but as a hospitality insider. With more than 130 hotels managed and over 50 developed, Nightfood’s leadership team brings unmatched operational knowledge and industry relationships that uniquely position the company to deploy robotics faster and more effectively than traditional tech players. Other savvy companies, including NVIDIA Corporation (NASDAQ: NVDA) , Zebra Technologies Corporation (NASDAQ: ZBRA) , Symbotic Inc. (NASDAQ: SYM) , and Tesla Inc. (NASDAQ: TSLA) , are also taking advantage of opportunities to leverage the…
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Symbotic, Inc (NASDAQ: SYM) on behalf of long-term stockholders following a class action complaint that was filed against Symbotic on December 3, 2024 with a Class Period from February 8, 2024 to November 26, 2024. Our investigation concerns whether the board of directors of Symbotic have breached their fiduciary duties to the company.
