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Symbotic | 8-K/A: Symbotic Provides Update to Restatement of Fiscal Year 2024 Financial Results and First Quarter of Fiscal Year 2025 Outlook

Symbotic | 8-K/A: Symbotic Provides Update to Restatement of Fiscal Year 2024 Financial Results and First Quarter of Fiscal Year 2025 Outlook

Symbotic | 8-K/A:Symbotic提供2024财年财务业绩和2025财年第一季度展望重报的最新情况
美股SEC公告 ·  11/27 04:13

Moomoo AI 已提取核心信息

On November 18, 2024, Symbotic identified errors in revenue recognition impacting fiscal year 2024 financial results. The errors, related to cost overruns on certain deployments, affected system revenue, net income, and gross margin for the second, third, and fourth quarters.As a result, Symbotic's financial statements for these periods should no longer be relied upon. The company plans to restate its unaudited interim financial statements and delay the filing of its Annual Report on Form 10-K for fiscal year 2024. The estimated impact of these corrections is a reduction in system revenue and adjusted EBITDA by $30 million to $40 million.Symbotic is implementing measures to improve internal controls over financial reporting. The company also revised its outlook for the first quarter of fiscal year 2025, expecting revenue of $480 million to $500 million and adjusted EBITDA of $12 million to $16 million.
On November 18, 2024, Symbotic identified errors in revenue recognition impacting fiscal year 2024 financial results. The errors, related to cost overruns on certain deployments, affected system revenue, net income, and gross margin for the second, third, and fourth quarters.As a result, Symbotic's financial statements for these periods should no longer be relied upon. The company plans to restate its unaudited interim financial statements and delay the filing of its Annual Report on Form 10-K for fiscal year 2024. The estimated impact of these corrections is a reduction in system revenue and adjusted EBITDA by $30 million to $40 million.Symbotic is implementing measures to improve internal controls over financial reporting. The company also revised its outlook for the first quarter of fiscal year 2025, expecting revenue of $480 million to $500 million and adjusted EBITDA of $12 million to $16 million.
在2024年11月18日,Symbotic发现影响2024财年财务结果的收入确认错误。这些错误与某些项目的成本超支有关,影响了第二、第三和第四季度的系统收入、净利润和毛利率。因此,Symbotic在这些期间的基本报表不再可靠。该公司计划重新审计其未经审计的中期基本报表,并推迟提交2024财年的10-K表年报。这些更正的估计影响是系统收入和调整后的EBITDA减少3000万至4000万。Symbotic正在实施措施以改善财务报告的内部控制。该公司还修订了2025财年第一季度的前景,预计收入为48000万至50000万,调整后的EBITDA为1200万至1600万。
在2024年11月18日,Symbotic发现影响2024财年财务结果的收入确认错误。这些错误与某些项目的成本超支有关,影响了第二、第三和第四季度的系统收入、净利润和毛利率。因此,Symbotic在这些期间的基本报表不再可靠。该公司计划重新审计其未经审计的中期基本报表,并推迟提交2024财年的10-K表年报。这些更正的估计影响是系统收入和调整后的EBITDA减少3000万至4000万。Symbotic正在实施措施以改善财务报告的内部控制。该公司还修订了2025财年第一季度的前景,预计收入为48000万至50000万,调整后的EBITDA为1200万至1600万。
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