iRobot (IRBT) Incurs Narrower-Than-Expected Net Loss in Q1
IRBTiRobot(IRBT) Zacks Investment Research·2024-05-09 00:40

iRobot Corporation (IRBT) reported first-quarter 2024 adjusted loss of 1.53pershare,narrowerthantheZacksConsensusEstimateofalossof1.53 per share, narrower than the Zacks Consensus Estimate of a loss of 2.03. The reported figure compares favorably with the year-ago quarter’s net loss of 1.67.RevenueDetailsiRobotgeneratedrevenuesof1.67. 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-ti ...