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.

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