iRobot Corp reports results for the quarter ended June 30 - Earnings Summary

• iRobot Corp IRBT reported a quarterly adjusted loss of 27 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.96. The lone analyst forecast for the quarter was for a loss of $1.12 per share.

• Revenue fell 23.3% to $127.56 million from a year ago; analysts expected $125.00 million.

• iRobot Corp's reported EPS for the quarter was a loss of 68 cents​.

• The company reported a quarterly loss of $22.81 million.

• iRobot Corp shares had risen by 34.8% this quarter and lost 45.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is "buy."

This summary was machine generated from LSEG data August 7 at 05:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)