iRobot Corporation (IRBT) Tops Q3 EPS by 19c; Updates FY15 Outlook

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Canaccord Genuity Reiterates Buy as iRobot Corporation (IRBT) Reports 3Q Beat

October 21, 2015 10:13 AM EDT

Canaccord Genuity reiterated a Buy rating and $40.00 price target on iRobot Corporation (NASDAQ: IRBT) following the company's 3Q15 earnings results. Revenues and EPS were $143.6M and $0.42, compared with consensus expectations of $145.34 and $0.23. Management lowered full-year revenue guidance to $610M to $615M (from $625M... More