iRobot: Q1 Earnings Insights

iRobot IRBT reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

iRobot missed estimated earnings by 26.52%, reporting an EPS of $-1.67 versus an estimate of $-1.32.

Revenue was down $131.68 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.72 which was followed by a 0.34% drop in the share price the next day.

Here's a look at iRobot's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.20 1.68 -1.55 -1.35
EPS Actual -1.52 -1.78 -0.35 -0.66
Revenue Estimate 379.14M 422.45M 303.06M 302.46M
Revenue Actual 357.87M 278.19M 255.35M 291.97M

To track all earnings releases for iRobot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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