iRobot Reports Fourth-Quarter and Full-Year 2022 Financial Results

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iRobot Corp. (IRBT) Misses Q4 EPS, Revenue Beats, to Reduce its Workforce by Approximately 7%

February 13, 2023 4:11 PM EST

iRobot Corp. (NASDAQ: IRBT) reported Q4 EPS of ($1.52), $3.54 worse than the analyst estimate of $2.02. Revenue for the quarter came in at $357.9 million versus the consensus estimate of $299.38 million.

As a follow-on action to the company's August 2022 restructuring of operations and in anticipation that market... More