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iRobot Q1 2023 Earnings Report

iRobot logo
$7.77 -0.92 (-10.59%)
(As of 05:45 PM ET)

iRobot EPS Results

Actual EPS
-$1.96
Consensus EPS
-$1.56
Beat/Miss
Missed by -$0.40
One Year Ago EPS
N/A

iRobot Revenue Results

Actual Revenue
$160.29 million
Expected Revenue
$240.64 million
Beat/Miss
Missed by -$80.35 million
YoY Revenue Growth
N/A

iRobot Announcement Details

Quarter
Q1 2023
Time
N/A
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iRobot Earnings Headlines

Colin Angle's new startup raises $15M, documents show
I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
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About iRobot

iRobot (NASDAQ:IRBT) designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services. It also provides Root robots for coding, discovery, and play; Roomba Combo mopping and vacuuming robot; and accessories, including robot vacuum and mop, handheld vacuum, and air purifier, educational coding robot, and accessory bundles. The company sells its products through chain stores and other national retailers, value- added distributors, and resellers, as well as through its website and app, and e-commerce websites. iRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts.

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