iRobot Corp. (IRBT) Tops Q2 EPS by 7c; Updates FY16 Outlook

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Go back to iRobot Corp. (IRBT) Tops Q2 EPS by 7c; Updates FY16 Outlook

iRobot Reports Strong Second-Quarter Financial Results

July 26, 2016 4:02 PM EDT

BEDFORD, Mass., July 26, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the second quarter ended July 2, 2016.

"Our second quarter revenue was at the high end of our expectations, while Q2 earnings exceeded expectations. Based on our Q2 results, and our outlook for the rest of 2016, fueled by the U.S. momentum, we are increasing our full-year financial expectations. We now expect 2016 revenue of $640 to $645 million, Net Income of between... More