Symbotic Q1 revenue up 168% YoY to $206.3M; backlog reaches $12B

Symbotic Inc.

2023-Q1 EPS reported -$0.12 revenue$206,312,000

Revenue $206.3M (up 168% YoY); net loss $68.0M; adjusted EBITDA loss $16.3M.
Record six system deployments initiated in Q1; cash and equivalents $447.5M (up $94.1M QoQ).
Contracted backlog increased to $12.0B during the quarter.
Q2 FY2023 guidance: revenue $205-230M, adjusted EBITDA loss $13-17M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Symbotic Inc. reported first fiscal quarter ended December 24, 2022 results: revenue $206.3 million, net income $68.0 million. Guidance reaffirmed.

Period: first fiscal quarter ended December 24, 2022
Revenue: $206.3 million
Net income: $68.0 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Symbotic posted revenue of $206.3 million, a net loss of $68.0 million

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Source: SEC EDGAR

accession 0001837240-23-000048

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