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Symbotic brings in $424M in Q2 2024

  • Symbotic Inc. reported $424 million in revenue and a net loss of $41 million for Q2 2024.
  • The company achieved an adjusted EBITDA of $22 million and made progress in software and hardware development.
  • Symbotic's cash, cash equivalents, and marketable securities increased by $276 million to $951 million.
  • For Q3 2024, the company expects revenue of $450 million to $470 million and adjusted EBITDA of $27 million to $29 million.

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