Symbiotic's stock subsequently pulled back to about $33, but that still represents an impressive three-bagger gain in just 15 months. Many massive retail customers — including Walmart, Target, Albertsons, and the wholesale grocery distributor C&S Wholesale — already use Symbiotic's services. For the fourth quarter of fiscal 2023 (which ends this month), Symbiotic expects its revenue to rise 19%-27% year over year as its adjusted EBITDA margin turns positive.
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