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Palladyne AI Q1 2024 Earnings Report

Palladyne AI logo
$6.51 +0.34 (+5.51%)
As of 03/28/2025 04:00 PM Eastern

Palladyne AI EPS Results

Actual EPS
-$0.28
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Palladyne AI Revenue Results

Actual Revenue
$3.44 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Palladyne AI Announcement Details

Quarter
Q1 2024
Time
N/A
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Palladyne AI Earnings Headlines

Palladyne AI Announces Employee Equity Awards
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Palladyne AI reports FY24 revenues increased 27% year-over-year
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About Palladyne AI

Palladyne AI (NASDAQ:PDYN), a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company's software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training. It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others. The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024. Palladyne AI Corp. was founded in 2017 and is headquartered in Salt Lake City, Utah.

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