Earnings

Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.

Leading robotics sector investors to discuss business, technological and social drivers for investment, gating factors and headwinds and why robotics startups succeed and fail.

Berkshire Grey saw $20 million in new orders in Q2 and currently has a backlog of $100 million in orders.

Ouster had its second-highest revenue quarter ever in Q2. Its revenue was driven by growth in the industrial vertical.

Revenue declined slightly from the $103 million generated in the first quarter of 2022.

Intuitive warned COVID-19 will likely continue to have an adverse impact on da Vinci procedure volumes.

Teradyne’s industrial automation group grew its revenue 29% year-over-year in the first quarter of 2022 to $103 million.

Compared with Q1 2021, sales were down 14% in the bottom line and 15% growth in sales.

For the full year 2021, Sarcos brought in $5.1 million in revenue, a decrease from the $8.8 million during 2020.

The biggest market for mobile robots is China, which made up 40% of worldwide shipments in 2021, followed by the U.S.

These are Aurora’s first full year financial results since becoming a publicly traded company in September 2021. 

Cornerstone Capital, a Chinese private equity investment institution, led the funding round for Yuanhua Intelligent Technologies.  

On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s robotics group increased revenues 34% in 2021

Worldwide procedures performed with the da Vinci surgical robot increased 19% compared to the fourth quarter of 2020.

AutoStore’s Q3 revenue is up 95% from Q3 last year. So far this year, it’s brought in $234.4 million in revenue.

Sarcos said one-time expenses associated with the public merger with Rotor Acquisition Corp. led to increased losses.

Myomo said this is a 128% increase year over year and the highest quarterly revenue in the company’s history.

Cognex said logistics was its largest end market. It added that the rise of e-commerce, shortening of supply chains, and adoption of automation are driving revenue.

On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.

This morning’s IPO valued AutoStore at $12.4 billion. This is Norway’s biggest IPO since 2001.

Myomo recognized revenue on 80 units in the second quarter, an increase of 233% compared with the second quarter of 2020.

Ouster shipped more than 1,460 sensors in the second quarter, which is an 342% increase year over year and a 49% increase over Q1.