iRobot Corp. (IRBT) Tops Q2 EPS by 2c
iRobot Corp. (NASDAQ: IRBT) reported Q2 EPS of $0.21, ex-items, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $130.4 million versus the consensus estimate of $128.9 million.
iRobot Corp. sees FY2013 EPS of $0.88-$1.00, versus the consensus of $0.94. iRobot Corp. sees FY2013 revenue of $485-495 million.
“I am very excited to report that we had an excellent quarter following an outstanding Q1. Our Home Robot business delivered strong results both domestically and overseas, and the outlook continues to be good. We announced our second remote presence market initiative, Enterprise Telepresence, in partnership with Cisco, and our Defense & Security business performed as expected,” said Colin Angle, chairman and chief executive officer of iRobot.
“Based on our view of the rest of the year, our expectations for revenue and Adjusted EBITDA remain unchanged, but we are increasing the low end of our EPS range due to a one-time tax benefit received in Q2. We expect to deliver fiscal 2013 revenue of $485 to $495 million, EPS between $0.88 and $1.00 and Adjusted EBITDA of $55 to $61 million. Our strong second-quarter results, driven by our Home Robot business, give us confidence that we will achieve our full-year expectations.”
For earnings history and earnings-related data on iRobot Corp. (IRBT) click here.
iRobot Corp. sees FY2013 EPS of $0.88-$1.00, versus the consensus of $0.94. iRobot Corp. sees FY2013 revenue of $485-495 million.
“I am very excited to report that we had an excellent quarter following an outstanding Q1. Our Home Robot business delivered strong results both domestically and overseas, and the outlook continues to be good. We announced our second remote presence market initiative, Enterprise Telepresence, in partnership with Cisco, and our Defense & Security business performed as expected,” said Colin Angle, chairman and chief executive officer of iRobot.
“Based on our view of the rest of the year, our expectations for revenue and Adjusted EBITDA remain unchanged, but we are increasing the low end of our EPS range due to a one-time tax benefit received in Q2. We expect to deliver fiscal 2013 revenue of $485 to $495 million, EPS between $0.88 and $1.00 and Adjusted EBITDA of $55 to $61 million. Our strong second-quarter results, driven by our Home Robot business, give us confidence that we will achieve our full-year expectations.”
For earnings history and earnings-related data on iRobot Corp. (IRBT) click here.