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

Important Economic Final results

• 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 throughout the subsequent three years, compared to a four.eight% development forecast for the Machinery sector in the US.

Overall performance of the American Machinery sector.

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

Threat Evaluation

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