iRobot Corp reports results for the quarter ended March 31 - Earnings Summary

• iRobot Corp IRBT.OQ reported a quarterly adjusted loss of $1.95​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-1.53. The lone analyst forecast for the quarter was for a loss of $1.27 per share.

• Revenue fell 32.3% to $101.57 million from a year ago; analysts expected $125.00 million.

• iRobot Corp's reported EPS for the quarter was a loss of $2.84​.

• The company reported a quarterly loss of $87.27 million.

• iRobot Corp shares had fallen by 14.4% this quarter and lost 70.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 64.9% 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 also "hold"

This summary was machine generated from LSEG data May 6 at 08:42 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)