UPDATE: Early Bird Capital Downgrades iRobot to Hold

According to Early Bird Capital, iRobot 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.