iRobot Corp. (IRBT) Tops Q3 EPS by 96c
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iRobot Reports Third-Quarter 2021 Financial Results
October 27, 2021 5:36 PM EDTBEDFORD, Mass., Oct. 27, 2021 /PRNewswire/ --Â iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the third quarter ended October 2, 2021.
Colin Angle, chairman and chief executive officer of iRobot, stated, "We were pleased with our third-quarter financial results, especially considering the many challenges associated with an increasingly stressed and fragile supply chain environment. Our revenue performance benefited from the timing of orders that shifted into the third quarter. The combination of higher-than-anticipated revenue, better-than-expected gross margin and prudent spending enabled us to exceed our third-quarter... More
