The iRobot Roomba vacuum cleaner robot.Ay, ca-Roomba!
iRobot posted today afternoon better than expected Q1 results.
In the quarter, the manufacturers of household and military robots posted sales of $106.3 million, 12% over a year ago, and the road ahead with 104.3 million $. Earnings of 27 cents per share exceeded the street consensus at 23 cents. The company stated that it has; seen strong demand in domestic and international markets It added that it still stronger revenue and earnings growth in the second half of the year due to the timing of orders from Governments.
In the 2nd quarter, the company sees revenue of $ 102 million to 106 million, and profits of 18-22 cents per share; the street is already at the top of the range to $ 106 million and 22 cents. (You could argue means that the forecast of light of the expectations, if you assume that they hit the middle of the forecast range in any case.)
However, affirmed share full year iRobot raised its forecast for earnings of $ 450 million to 465 million, and earnings of 90 cents to $1. but is the street in front of the company, $465.9 million and anticipate $1.02.
After hours IRBT is down 52 cents or 1.4%, to $37,90 - although I, that in the regular session would consider the share spiked heel $1.93 or 5.3% to $38.42.
No comments:
Post a Comment