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0.0011709601873536 0.00149882903981269 0.00351288056206081 0.0011709601873536 0.000585480093676698 0.00468384074941442 0.00553864168618266 0
Stock impact report

iRobot (IRBT) Down 33.6% Since Last Earnings Report: Can It Rebound? [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
Will the recent negative trend continue leading up to its next earnings release, or is iRobot due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. iRobot Reports Q4 Net Loss, Revenues Down 14.1% Y/Y iRobot reported fourth-quarter 2023 adjusted loss of $1.82 per share. The quarterly loss compares unfavorably with the year-ago quarter's number. Revenue Details iRobot generated revenues of $307.5 million in the reported quarter, almost in line with the Zacks Consensus Estimate of $308 million. On a year-over-year basis, revenues decreased 14.1% due to the low product availability of new products. Sales derived from premium and mid-tier robots accounted for 83% of IRBT's total robot revenues, lower than 84% in the year-ago quarter. Total product units of 1,139 thousand shipped in the quarter reflected a year-over-year decr Show less Read more
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