iRobot Corp. (IRBT) Q4 Revenue Tops Views

iRobot Corp. (NASDAQ: IRBT) reported Q4 EPS of $0.16, $0.09 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $326.9 million versus the consensus estimate of $319.02 million.

Fourth-quarter 2017 earnings per share included a negative ($0.41) impact from the new tax reform law for the remeasurement of our net deferred tax assets and a provisional repatriation toll charge, as well as a discrete tax benefit of $0.03 relating to the new 2017 stock compensation accounting standard. Full-year 2017 EPS was $1.77, compared with $1.48 for full-year 2016

GUIDANCE:

iRobot Corp. sees FY2018 revenue of $1.05-1.08 billion, versus the consensus of $1.02 billion.

• operating income of $86 to $96 million and EPS of $2.10 to $2.35 vs $2.70 consensus.

For earnings history and earnings-related data on iRobot Corp. (IRBT) click here.

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