iRobot Q2 2024 Adj. EPS $(1.96) Misses $(1.77) Estimate, Sales $166.361M Miss $168.982M Estimate
Portfolio Pulse from Benzinga Newsdesk
iRobot (NASDAQ:IRBT) reported Q2 2024 adjusted EPS of $(1.96), missing the $(1.77) estimate. Sales were $166.361M, also missing the $168.982M estimate and down 29.68% year-over-year.
August 06, 2024 | 8:28 pm
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iRobot reported Q2 2024 adjusted EPS of $(1.96), missing the $(1.77) estimate. Sales were $166.361M, also missing the $168.982M estimate and down 29.68% year-over-year.
iRobot's Q2 2024 earnings and sales both missed analyst estimates, with a significant year-over-year decline in sales. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100