Tag: loss
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Supply chain robotics company Symbotic reports $12 billion in orders
Symbotic, a provider of AI-enabled robotics technology for the supply chain, has released financial results for its first fiscal quarter ended December 24, 2022. Symbotic posted revenue of $206.3 million, a net loss of $68.0 million and an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) loss of $16.3 million for the first quarter…
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SICK launches new sensor for ‘accurate leak detection with one device’
SICK has launched a new sensor that it says enables “accurate leak detection with one device”. Energy efficiency and transparency are playing an increasingly important role in the manufacturing world. To help improve energy management, SICK has developed the FTMg, a multifunctional thermal flowmeter sensor for the detection of gas flow, temperature, and process pressure.