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Sarcos Technology & Robotics Corp [STRC] has reported a net loss of $115,593,000.0 for year ended Dec 31, 2023

Sarcos Technology & Robotics Corp [STRC] reports annual net loss of $115,593,000.0

Company Reports Revenue of $6.1 million

By USInMinutes
Published - Feb 29, 2024, 05:30 AM ET
Last Updated - May 08, 2024, 01:20 PM EDT

Sarcos Technology & Robotics Corp [STRC] has reported a net loss of $115,593,000.0 for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $6.1 million

Based in SALT LAKE CITY, Utah, Sarcos Technology & Robotics Corp operates in the MANUFACTURING sector.

For the 12 months ended December 31, 2023, Company XYZ reported net revenue of $6.146 million, compared to $14.569 million for the same period in 2022. This represents a significant decrease in revenue year over year.

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