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

Sarcos Technologies and Robotics (NASDAQ:STRC) Comprehensive Year 2022 Final benefits

Important Monetary Final benefits

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

NasdaqGM:STRC Earnings and Earnings Improvement 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 Short

Earnings exceeded analyst estimates by 3.six%. Earnings per share (EPS) missed analyst estimates by 70%.

Looking ahead, revenue is forecast to create 53% p.a. on common all through the subsequent 3 years, compared to a 4.eight% improvement 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.

Danger Evaluation

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