IRobot shares dive 16% after lowering guidance [MarketWatch]
iRobot Corporation (IRBT)
Last irobot corporation earnings: 4/28 04:01 pm
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US:NASDAQ Investor Relations:
investor.irobot.com/investor-overview
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Source: MarketWatch
IRobot shares dive 16% after lowering guidance IRobot Corp. IRBT, -3.07% shares plunged more than 16% in the extended session Tuesday after it beat earnings and revenue expectations but lowered its holiday quarter guidance, citing U.S. tariffs on robotic vacuum cleaners, among other issues. The robot vacuum maker reported fourth-quarter net income of $35.5 million, or $1.24 a share, compared with $31.9 million, or $1.12 a share, in the year-ago period. Revenue rose to $289.4 million from $264.5 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 52 cents a share on revenue of $259.4 million. For the fourth quarter, analysts model earnings of $1.03 a share on sales of $444 million. IRobot lowered its full-year guidance to earnings of $2.60 to $2.80 a share on sales of $1.2 billion to $1.21 billion. Previously iRobot had expected full-year earnings of $2.40 to $3.15 a share on sales of $1.2 billion to $1.25 billion. In a statement, iRobot Chief Exec
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IRBT
News
- iRobot's Q3 Earnings Surpass Estimates, Revenues Increase Y/Y [Yahoo! Finance]Yahoo! Finance
- iRobot Co. (NASDAQ: IRBT) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- iRobot Corp (IRBT) Q3 2024 Earnings Call Highlights: A Turnaround in Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- iRobot Announces Executive TransitionsPR Newswire
- iRobot Reports Third-Quarter 2024 Financial ResultsPR Newswire
IRBT
Earnings
- 11/6/24 - Beat
IRBT
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/7/24 - Form S-8
- IRBT's page on the SEC website