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-0.000695894224077925 0 0.000695894224077925 0.00556715379262353 0.00904662491301328 0.011830201809325 0.0111343075852471 0.011830201809325
Stock impact report

iRobot Reports Third-Quarter 2024 Financial Results [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
Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the third quarter ended September 28, 2024 iRobot logo. (PRNewsfoto/iRobot Corp.) "We continue to make progress on our turnaround strategy," said Gary Cohen , iRobot's CEO. "In the third quarter, we expanded our non-GAAP gross margin by 590 basis points year over year and improved our use of operating cash. However, our overall results did not meet the expectations we set in August, as persistent market segment and competitive headwinds impacted our sell-through performance. Although we now expect it will take more time to stabilize our revenue trend, we are on track to exceed our operating expense targets fo Read more
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