Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

2

iRobot Q1 Net Surges, Guidance Raised

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

iRobot (NASDAQ: IRBT  ) results for the company's Q1 have been made public. For the quarter, revenue was $106 million, a nearly 9% improvement over the $98 million in the same period the previous year. Net income powered ahead, meanwhile, growing more than twelve-fold to $8.4 million ($0.29 per diluted share) from the roughly $653,000 ($0.02 per diluted share) of Q1 2012.

Analysts had expected revenue of $113 million and EPS of $0.11.

iRobot also proffered forward guidance for the current quarter and fiscal year. For the company's current Q2, revenue is expected to total $128 million-$133 million, with EPS of $0.15-$0.20. Those figures for the entirety of fiscal 2013 are anticipated to come in at $485 million-$495 million and $0.80-$1.00, respectively. The full-year numbers have been increased from the company's previous projections of $480 million-$490 million for revenue and per-share earnings of $0.57-$0.72.

.


Read/Post Comments (0) | Recommend This Article (2)

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2381978, ~/Articles/ArticleHandler.aspx, 9/26/2016 5:13:42 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
IRBT $42.67 Down -0.56 -1.30%
iRobot CAPS Rating: *****