Sat. Mar 25th, 2023

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

Essential Economic 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 Quick

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

Searching 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 business in the US.

Functionality of the American Machinery business.

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

Danger Evaluation

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

Valuation is complicated, but we’re assisting make it straightforward.

Locate out no matter if Sarcos Technologies and Robotics is potentially more than or undervalued by checking out our extensive evaluation, which incorporates fair worth estimates, dangers and warnings, dividends, insider transactions and economic wellness.

View the Free of charge Evaluation

This report by Basically Wall St is basic in nature. We give commentary primarily based on historical information and analyst forecasts only working with an unbiased methodology and our articles are not intended to be economic assistance. It does not constitute a recommendation to get or sell any stock, and does not take account of your objectives, or your economic scenario. We aim to bring you extended-term focused evaluation driven by basic information. Note that our evaluation could not issue in the newest cost-sensitive enterprise announcements or qualitative material. Basically Wall St has no position in any stocks described.

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