Esprit de Corps (magazine)

Symbotic Reports Fiscal Year 2022 First Quarter Results

Retrieved on: 
Tuesday, March 1, 2022

Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies LLC, and subsidiaries (collectively referred to as Symbotic) for the first quarter of fiscal 2022, ended December 25, 2021.

Key Points: 
  • Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies LLC, and subsidiaries (collectively referred to as Symbotic) for the first quarter of fiscal 2022, ended December 25, 2021.
  • Symbotic posted revenue of $77.1 million, adjusted EBITDA of $(21.3) million and a quarterly net income of $(23.1) million for the first quarter of fiscal 2022.
  • We are excited to end the first quarter of fiscal 2022 with a contracted backlog of $5.3 billion, providing clear visibility towards our future growth.
  • Gross margin in the fiscal 2022 first quarter increased to 18.8%, up from (10.2)% in the same period of fiscal 2021, driven by our transition to the deployment of production systems from prototype deployments, said Tom Ernst, Symbotics CFO.

Ameresco Recognized on List of Best and Brightest Companies to Work For in the Nation

Retrieved on: 
Monday, December 20, 2021

For Ameresco, the recognition on NABRs Best and Brightest Companies list marks the third year in a row it has been awarded the honor.

Key Points: 
  • For Ameresco, the recognition on NABRs Best and Brightest Companies list marks the third year in a row it has been awarded the honor.
  • Ameresco was also one of three companies listed as an Elite winner, recognized as the sole honoree for the Best of the Best Large Business category.
  • We are thrilled to be selected to the Best and Brightest Companies to Work For in the Nations 2021 list, said President and CEO of Ameresco George Sakellaris.
  • The Best and Brightest Companies to Work For in the Nation Winners will be honored during the virtual Illuminate Business Summit week in January 2022.