Shares of Symbotic Inc. (SYM), a leading provider of robotics automation solutions, plummeted 17.37% in pre-market trading on Thursday, following the company's fiscal Q1 2025 earnings report that fell short of revenue expectations and provided weaker-than-anticipated guidance for the upcoming quarter.

For the quarter ended December 2024, Symbotic reported a loss per share of $0.03, matching analyst estimates. However, the company's revenue of $486.7 million came in below the consensus estimate of $490 million, representing a miss of 0.87%. This revenue shortfall, coupled with Symbotic's guidance for fiscal Q2 2025 revenue in the range of $510 million to $530 million, below the analysts' expectation of $533.3 million, rattled investors and triggered a significant sell-off in the stock.

Analysts and market observers are closely monitoring the company's ability to meet its growth targets and maintain profitability in the highly competitive robotics automation market. The weaker-than-expected results and guidance could dampen investor sentiment towards Symbotic, at least in the near term, as concerns over its execution capabilities and future growth prospects linger.