iRobot Corporation (IRBT) Tops Q2 EPS by 18c

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iRobot Second-Quarter Financial Results Exceed Expectations

July 21, 2015 4:01 PM EDT

BEDFORD, Mass., July 21, 2015 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the second quarter ended June 27, 2015.

"Our second quarter results exceeded our expectations. Home Robot revenue was up slightly over last year while Defense & Security revenue more than doubled. Incremental marketing investments we made in the United States and overseas have successfully driven sell-through that we expect to result in second half replenishment orders,"... More