Recap: iRobot Q2 Earnings

Shares of iRobot IRBT increased 0.62% after the company reported Q2 results.

Quarterly Results

Earnings per share increased 120.83% over the past year to $1.06, which beat the estimate of $0.29.

Revenue of $279,883,000 rose by 7.58% from the same period last year, which beat the estimate of $265,070,000.

Outlook

iRobot hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $93.73

Company's 52-week low was at $32.79

Price action over last quarter: Up 41.70%

Company Description

iRobot Corp is a US-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. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company primarily derives its revenue from the product sales. It sells the products across the United States and around the world.