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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財年財務業績和2025財年第一季度展望重報的最新情況
美股SEC公告 ·  11/27 20:13

Moomoo AI 已提取核心訊息

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.
2024年11月18日,Symbotic發現了影響2024財年財務結果的營收確認錯誤。這些錯誤與某些項目成本超支有關,影響了第二、第三和第四季度的系統營收、淨利潤和毛利率。 因此,不應再依賴Symbotic這些時期的基本報表。該公司計劃重新說明其未經審計的中期財務報表,並推遲提交2024財年的年度10-K表格。這些更正的估計影響是系統營收和調整後的EBITDA減少了3000萬到4000萬美元。 Symbotic正在實施措施以改善財務報告的內部控制。該公司還調整了2025財年第一季度的展望,預計營收爲48000萬到50000萬美元,調整後的EBITDA爲1200萬到1600萬美元。
2024年11月18日,Symbotic發現了影響2024財年財務結果的營收確認錯誤。這些錯誤與某些項目成本超支有關,影響了第二、第三和第四季度的系統營收、淨利潤和毛利率。 因此,不應再依賴Symbotic這些時期的基本報表。該公司計劃重新說明其未經審計的中期財務報表,並推遲提交2024財年的年度10-K表格。這些更正的估計影響是系統營收和調整後的EBITDA減少了3000萬到4000萬美元。 Symbotic正在實施措施以改善財務報告的內部控制。該公司還調整了2025財年第一季度的展望,預計營收爲48000萬到50000萬美元,調整後的EBITDA爲1200萬到1600萬美元。
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