Sarcos Technologies & Robotics Complete Year 2022 Earnings: Income Beats Expectations, Trailing Per Share

Sarcos Technologies and Robotics (NASDAK:STRC) Complete Year 2022 Final results

Essential monetary benefits

• Income: $14.six million (up 187% from 2021).
• Net loss: $157.1 million (loss up 93% from fiscal 2021).
• A loss of $1.07 per share (additional worsened from a loss of $.72 in fiscal 2021).

NasdaqGM:STRC Earnings and Income Development March 18, 2023

All figures shown in the table above are for a period of 12 months (TTM).

Sarcos Technologies and Robotics income beats expectations, EPS falls brief

Revenues exceeded analysts’ estimates by three.six%. Earnings per share (EPS) missed analysts’ estimates by 70%.

Seeking ahead, revenues are forecast to develop at an typical of 53% annually more than the subsequent three years, compared to a four.eight% development forecast for the US machinery sector.

Functionality of the American machinery sector.

The company’s shares fell by 14% compared to a week ago.

Danger evaluation

Ahead of taking the subsequent step, you ought to know about four warning indicators for Sarcos technologies and robotics that we found.

Valuation is complicated, but we aid make it straightforward.

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Verify out the cost-free evaluation

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