Symbotic (SYM) Delivers Robust Revenue Growth Despite Wider Net Loss

Symbotic Inc. (NASDAQ:SYM) is one of the top industrial stocks to buy amid easing tariff uncertainties. On August 6, the company confirmed it is working on game-changing innovations poised to unlock new opportunities across the supply chain. The remarks came as the company delivered mixed third-quarter fiscal 2025 results, with revenue increasing 26% year-over-year to $592 million.

Symbotic (SYM) Delivers Robust Revenue Growth Despite Wider Net Loss

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However, the company posted a wider-than-expected net loss of $32 million, compared to a net loss of $27 million in the same quarter last year. Adjusted EBITDA increased to $45 million compared to $3 million for the same quarter the previous year.

For the fourth quarter, Symbotic is projecting revenue of between $590 million and $610 million and an adjusted EBITDA of between $45 million and $49 million. Symbotic has already unveiled an innovative next-generation storage technology designed to enhance warehouse automation.

Symbotic Inc. (NASDAQ:SYM) is an industrial company specializing in automation technologies that aim to reinvent the supply chain for large retail, wholesale, and food & beverage companies, utilizing AI-powered robotic and software platforms. It focuses on transforming warehouse operations through high-density storage, machine learning, and autonomous robots to improve speed, agility, accuracy, and efficiency in moving goods.

While we acknowledge the potential of Symbotic Inc. (NASDAQ:SYM) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SYM and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.