Symbotic Inc. (NASDAQ:SYM) Q4 2022 Results Conference Call November 21, 2022 5:00 PM ET
Company Participants
Jeff Evanson - VP, IR and Corporate Development
Richard Cohen - CEO
Tom Ernst - CFO
Conference Call Participants
Piyush Awasthi - Citi
James Ricchiuti - Needham
Chris Snyder - UBS
Matt Summerville - D.A. Davidson
Mark Delaney - Goldman Sachs
Mike Latimore - Northland Capital Markets
Brian Gesuale - Raymond James
Derek Soderberg - Cantor Fitzgerald
Rob Mason - Baird
Operator
Good day and thank you for standing by. Welcome to Symbotic's Fourth Quarter and Fiscal Year 2022 Results Webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today's conference is being recorded.
I'd now like to turn the conference over to your speaker today, Jeff Evanson. Please go ahead.
Jeff Evanson
Thank you, Victor. Hello everyone, welcome to Symbotic's fourth quarter and fiscal year 2022 results webcast. I am Jeff Evanson, Vice President of Investor Relations and Corporate Development.
Our press release and discussion today will include forward-looking statements based on assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Including as a result of the factors described in cautionary statements and risk factors in Symbotic's financial release and regulatory filings with the SEC. By which any forward-looking statements made during this call are qualified in their entirety.
In addition, during this call, certain financial measures may be discussed that are not recognized under US Generally Accepted Accounting Principles, which the SEC refers to as non-GAAP measures. We believe these non-GAAP measures assist management in planning, forecasting and evaluating our business and financial performance, including allocating resources. Reconciliations of these non-GAAP measures to their most comparable reported GAAP measures are included in our financial press release, which has been furnished to the SEC and is available in the Investor Relations section of our website and in our filings with the SEC. These non-GAAP measures may not be comparable to measures used by other issuers.
Today, we will provide guidance for the first quarter including revenue and adjusted EBITDA. We're not providing guidance for net loss today which is the most comparable GAAP financial measure to adjusted EBITDA. We're not able to provide reconciliations of adjusted EBITDA to GAAP financial measures, because certain items required for such reconciliations are outside of our control or cannot be reasonably predicted such as the provision for stock based compensation.