UPDATE: Early Bird Capital Downgrades iRobot to Hold
According to Early Bird Capital, iRobot (NASDAQ: IRBT) is downgraded to Hold.
Early Bird Capital said that IRBT reported 4Q11 EPS of $0.38 on revenue of $130.8 million. “This compared to our forecast for EPS of $0.32 on revenue of $134.4 million versus the consensus of $0.32 on revenue of $134.0 million.”
iRobot closed yesterday at $38.30.
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