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iRobot Corporation (NASDAQ:IRBT) shares are trading higher on Monday after the company raised its second-quarter sales guidance above analyst estimates.
The company raised its second-quarter sales guidance from down modestly on quarter-over-quarter basis to $260-$270 million versus the $182.8 million estimate.
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iRobot is a U.S.-based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home.
iRobot shares were trading up 14.61% at $86.19 at time of publication on Monday. The stock has a 52-week high of $96.58 and a 52-week low of $32.79.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.