iRobot (NASDAQ: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.
