Shares of iRobot (IRBT 13.15%) 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.
3 Reasons Not to Worry About iRobot This Week from The Motley Fool
