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iRobot Corp (IRBT) Q3 2024 Earnings Call Highlights: A Turnaround in Financial Performance ... [Yahoo! Finance]

iRobot Corporation (IRBT) 
Last irobot corporation earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.irobot.com/investor-overview
Company Research Source: Yahoo! Finance
Operating Expenses: $47.7 million in Q3 2024, a 47% reduction from $90.1 million in Q3 2023. Operating Income: $15.1 million in Q3 2024, compared to an operating loss of $40.6 million in Q3 2023. Net Income Per Share: 3 in Q3 2024, compared to a net loss per share of $2.82 in Q3 2023. Cash and Cash Equivalents: $99.4 million at the end of Q3 2024. Inventory Levels: $149.2 million, reflecting a reduction of $95 million from the prior year. Headcount Reduction: Approximately 50% reduction in global workforce since the start of 2024. Warning! GuruFocus has detected 5 Warning Signs with IRBT. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript iRobot Corp ( NASDAQ:IRBT ) expanded its gross margin by 590 basis points year over year, indicating improved financial performance. The company has successfully reduced operating losses by half for the first three quarters compared to the previous y Show less Read more
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