Symbotic Inc. (SYM) shares surged an impressive 33.67% during the Tuesday intraday trading session, as the AI-enabled robotics technology company reported stellar fourth-quarter results and provided an optimistic outlook for the current quarter.

The company's strong performance was driven by a significant jump in revenue, which climbed 47.2% year-over-year to $576.8 million, exceeding analysts' expectations of $470.3 million. Symbotic's net income swung to a profit of $5 million, or $0.05 per share, compared to a loss of $1.9 million in the same period last year, marking its first quarter of net income as a public company.

Symbotic's impressive results were fueled by a record number of system deployments and completed systems during the quarter, reflecting solid project execution capabilities. The company also expanded its global footprint by securing a new customer, Walmex, in Mexico, and demonstrated its cutting-edge vision capabilities at multiple sites, positioning this technology as a key differentiator in the market.