iRobot jumps 20% after earnings beat

Christine Wang

Updated Tue, Jul 24, 2018, 5:03 PM

In this article:

Roomba-maker iRobot IRBT soared after the company posted earnings that easily topped Wall Street expectations on Tuesday.

The stock surged 20 percent in after-hours trading.

Here's what the company reported compared to analyst estimates:

Adjusted earnings per share: 37 cents vs. 18 cents forecast by Thomson Reuters
Revenue: $226 million vs. $219.7 million forecast by Thomson Reuters

This story is developing. Please check back for updates.

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iRobot jumps 20% after earnings beat

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