Warehouse automation company Symbotic is cutting 400 jobs from the Andover-based robotics unit of Walmart that it acquired in ...

A technology company developing robotics technology used by hundreds Walmart stores will lay off 400 people from a Massachusetts facility.

Symbotic and Walmart announced a pair of new deals Thursday that will see the robotics company and retail giant expand their partnership. Symbotic will buy Walmart's Advanced Systems and Robotics ...

One of the biggest recent successes is the company's acquisition of Walmart's own advanced systems and robotics business for $200.00M, with the company further investing $520.00M in Symbotic’s ...

Symbotic reported solid Q2 results, although growth was driven by the acquisition of Walmart's advanced systems and robotics ...

Charlie Anderson; Vice President of Investor Relations; Symbotic Inc. Richard Cohen; Chairman of the Board, President, Chief Executive Officer, Chief Product Officer ...

The recent developments have the potential to affect Symbotic's revenue and earnings forecasts indirectly. Acquisitions and partnerships, as mentioned in your analysis, such as with Walmart ...

For the third quarter of fiscal 2025, Symbotic expects revenue of $520 million to $540 million, and adjusted EBITDA 2 of $26 million to $30 million. Symbotic will host a webcast today at 5:00 pm ET to ...