• Sat. Apr 1st, 2023

Sarcos Technologies and Robotics Complete Year 2022 Earnings: Revenues Beat Expectations, EPS Lags


Mar 18, 2023

Sarcos Technologies and Robotics (NASDAQ:STRC) Complete Year 2022 Outcomes

Essential Monetary Outcomes

  • Income: US$14.6m (up 187% from FY 2021).
  • Net loss: US$157.1m (loss widened by 93% from FY 2021).
  • US$1.07 loss per share (additional deteriorated from US$.72 loss in FY 2021).

NasdaqGM:STRC Earnings and Income Development March 18th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sarcos Technologies and Robotics Revenues Beat Expectations, EPS Falls Brief

Income exceeded analyst estimates by three.six%. Earnings per share (EPS) missed analyst estimates by 70%.

Hunting ahead, income is forecast to develop 53% p.a. on typical through the subsequent three years, compared to a four.eight% development forecast for the Machinery sector in the US.

Efficiency of the American Machinery sector.

The company’s shares are down 14% from a week ago.

Threat Evaluation

Prior to you take the subsequent step you must know about the four warning indicators for Sarcos Technologies and Robotics that we have uncovered.

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This write-up by Just Wall St is common in nature. We offer commentary primarily based on historical information and analyst forecasts only applying an unbiased methodology and our articles are not intended to be monetary assistance. It does not constitute a recommendation to obtain or sell any stock, and does not take account of your objectives, or your monetary circumstance. We aim to bring you lengthy-term focused evaluation driven by basic information. Note that our evaluation may perhaps not element in the most current value-sensitive corporation announcements or qualitative material. Just Wall St has no position in any stocks talked about.

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