IRobot: Q4 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — IRobot Corp. (IRBT) on Monday reported a loss of $63.6 million in its fourth quarter.

The Bedford, Massachusetts-based company said it had a loss of $2.28 per share. Losses, adjusted for one-time gains and costs, were $1.82 per share.

The robotics technology company posted revenue of $307.5 million in the period.

For the year, the company reported a loss of $304.7 million, or $11.01 per share. Revenue was reported as $890.6 million.

IRobot expects full-year results to range from a loss of $3.73 per share to a loss of $3.30 per share, with revenue in the range of $825 million to $865 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRBT at https://www.zacks.com/ap/IRBT

Advertisement

Recommended Stories