secwatch.observer — SEC 8-K summary
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Issuer:     Symbotic Inc. (SYM)
CIK:        0001837240
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001837240-23-000137
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Symbotic Q3 FY23 revenue $312M, net loss $39M; GreenBox JV lifts backlog to $23B
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- Revenue $312M (up 77% YoY); net loss $39M; adjusted EBITDA loss narrowed to $3M from $22M a year ago.
- Cash, equivalents, restricted cash and marketable securities total $513M, up $48M from prior quarter.
- GreenBox joint venture expands addressable market by over $500B; contracted backlog rises to ~$23B.
- Initiated six new system deployments and completed commissioning of one system during the quarter.
- Q4 FY23 guidance: revenue $290M-$310M, adjusted EBITDA $0M-$3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837240/000183724023000137/0001837240-23-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837240/000183724023000137/sym-20230731.htm
  HTML page:      https://secwatch.observer/filing/0001837240-23-000137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer