Shares of iRobot (NASDAQ:IRBT) got hammered this week, after the company reported its fiscal 2014 second-quarter earnings. The stock was down more than 8% in midday trading on Wednesday, despite strong results for its recent quarter. iRobot posted a quarterly profit of $0.28 per share, which was flat from a year ago. However, it was notably ahead of analysts' expectations for earnings per share of just $0.22 in the quarter. Unfortunately, this wasn't enough to stop the stock from selling off, as investors chose to focus instead on iRobot's weak revenue and guidance in the period.
Nevertheless, the recent sell off could provide an opportunity for patient investors this week. Check out the presentation below to discover three reasons why iRobot should make a comeback in the quarters to come.
Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!
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