Symbotic Q4 rev $392M, first positive adj EBITDA $13M; FY rev up 98% to $1.18B

Symbotic Inc.

2023-FY EPS reported -$0.37 revenue$1,176,891,000

Q4 FY2023 revenue $392M vs $244M YoY; net loss $45M improved from $53M loss.
Full FY2023 revenue $1,177M (+98% YoY); net loss $208M; adj EBITDA loss $18M.
First quarter of positive adjusted EBITDA at $13M (Q4); cash & securities $548M.
Q1 FY2024 guidance: revenue $350-370M; adj EBITDA $11-14M.
Deployed four new systems and completed commissioning of two systems during Q4.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Symbotic Inc. reported financial results for fourth quarter and fiscal year ended September 30, 2023.

Period: fourth quarter and fiscal year ended September 30, 2023
Result: reported results

Exact text from the filing

On November 20, 2023, Symbotic Inc. issued a press release announcing its financial results and other information for the fiscal quarter and year ended September 30, 2023.

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Symbotic Inc. filing history →

Source: SEC EDGAR

accession 0001837240-23-000168

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