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.
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 (NASDAQSYM) 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.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
WILMINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter of 2025, ended December 28, 2024. Symbotic posted revenue of $487 million, a net loss of $19 million and adjusted EBITDA1 of $18 million for the first quarter of fiscal 2025. In the first quarter of fiscal 2024, Symbotic had revenue of $360 million, a net loss of $19 million and adjusted EBITDA1 of $8 million. Cash and cash equivalents increased by $176 million from the prior quarter to $903 million at the end of the first quarter of fiscal year 2025.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Symbotic Inc. (“Symbotic” or “the Company”) (NASDAQSYM) for violations of the securities laws.
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQSYM) and reminds investors of the February 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
RADNOR, PA - February 3, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Symbotic Inc. (“Symbotic”) (NASDAQSYM) on behalf of those who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 3, 2025.
RADNOR, PA - February 2, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Symbotic Inc. (“Symbotic”) (NASDAQSYM) on behalf of those who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 3, 2025.
RADNOR, PA - February 1, 2025 (NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Symbotic Inc. (“Symbotic”) (NASDAQSYM) on behalf of those who purchased or otherwise acquired Symbotic securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 3, 2025.
PHILADELPHIA, Feb. 01, 2025 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQSYM) on behalf of purchasers of Symbotic securities between February 8, 2024 and November 26, 2024, inclusive (the “Class Period”).
SAN FRANCISCO, Feb. 01, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (NASDAQSYM), a Wilmington, Mass.-based automation technology company, has filed restated financial statements for three fiscal 2024 quarters, revealing significant errors in its previously reported revenue and profitability figures. The restatements, filed on December 4, follow the revelation of accounting errors last month and come as the company faces a securities fraud class action lawsuit.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 3, 2025 to file lead plaintiff applications in a securities class action lawsuit against Symbotic Inc. (the “Company”) (NasdaqGM: SYM), if they purchased the Company’s securities between February 8, 2024 and November 26, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Massachusetts.
The Law Offices of Frank R. Cruz reminds investors of the upcoming February 3, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQSYM) securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”).
