iRobot (IRBT) Incurs Narrower-Than-Expected Net Loss in Q1 [Yahoo! Finance]
iRobot Corporation (IRBT)
Last irobot corporation earnings: 4/28 04:01 pm
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US:NASDAQ Investor Relations:
investor.irobot.com/investor-overview
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Source: Yahoo! Finance
The reported figure compares favorably with the year-ago quarter's net loss of $1.67. Revenue Details iRobot generated revenues of $150 million in the reported quarter, beating the Zacks Consensus Estimate of $139 million. On a year-over-year basis, revenues decreased 6.4% due to lower sales across all product categories. Sales derived from premium and mid-tier robots accounted for 81% of IRBT's total robot revenues, lower than 88% in the year-ago quarter. Total product units of 456 thousand were shipped in the quarter under review, reflecting a year-over-year increase of 4.6%, while average selling prices decreased 13.9%. For solo and other products, revenues of $94 million reflected a decline of 30.4% year over year. Units shipped were 267 thousand, down 28.4% year over year. Revenues from 2-in-1 products increased 124% year over year to $56 million. Units shipped were 189 thousand, up from 63 thousand recorded in the year-ago quarter. On a regional basis, iRobot sourc
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IRBT
News
- iRobot Co. (NASDAQ: IRBT) was upgraded by analysts at Needham & Company LLC to a "hold" rating.MarketBeat
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- iRobot Corporation (NASDAQ:IRBT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- iRobot Names Gary Cohen as New Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- iRobot Reports First-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
IRBT
Earnings
- 5/7/24 - Beat
IRBT
Sec Filings
- 5/16/24 - Form 4
- 5/8/24 - Form 10-Q
- 5/7/24 - Form 3
- IRBT's page on the SEC website