"While Berkshire Grey’s revenue of $18.8 million in Q3 2021 was magnitudes greater than its $2.2 million in Q3 2020 and its $4.5 million in Q2 2021, it still missed on analyst expectations of around $21.7 million.
At the same time, the Bedford, Massachusetts-based company more than tripled its net loss year-over-year and widened losses on its adjusted earnings before interest, taxes, depreciation and amortization to $32.3 million, compared to $13.8 million for the same period a year prior.
Berkshire Grey reported a net loss of $40.5 million, or 22 cents per diluted share, which missed on the analyst consensus estimate of a loss 10 cents per diluted share."