India, April 24 -- AutoStore Holdings Ltd. (AUTO.OL) on Thursday reported lower revenues for the first quarter, impacted by lower order intake during the period. The company's adjusted EBITDA also declined from last year.
The robot technology company posted revenues of $85.9 million in the first quarter of 2025, down 37.8 percent from $138.1 million in the same period last year.
During the three-month period, order intake came in at $141.2 million, a 22.8 percent decrease from the year-ago quarter. The company said that the order intake was hurt by the growing adoption of AutoStore-as-a-Service and the broader uncertainty impacting global commerce.
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