iRobot Corp. (IRBT) Tops Q1 EPS by 15c

iRobot Corp. (NASDAQ: IRBT) reported Q1 EPS of ($0.32), $0.15 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $192.5 million versus the consensus estimate of $178.86 million.

Financial Expectations

On March 23, 2020, iRobot withdrew its financial expectations for 2020 as a result of the uncertainty surrounding COVID-19, including its duration and broader macroeconomic impact, as well as the evolving tariff exclusion process. Given current market conditions and suboptimal visibility, the company is not updating its outlook at this time but will share additional insight about its plans moving forward during its first-quarter 2020 results conference call.

For earnings history and earnings-related data on iRobot Corp. (IRBT) click here.

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