|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||58.84 - 61.90|
|52 Week Range||55.77 - 109.78|
|PE Ratio (TTM)||33.38|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
iRobot Corporation (IRBT) just released its latest quarterly financial results, posting adjusted earnings $0.66 per share and revenues of $217.1 million.
On a per-share basis, the Bedford, Massachusetts-based company said it had net income of 71 cents. Earnings, adjusted for pretax gains, were 66 cents per share. The results surpassed Wall Street expectations. ...
Shares of iRobot Corp. climbed nearly 6% late Tuesday after the maker of Roomba robotic vacuum cleaners reported first-quarter profit and sales above what analysts expected. IRobot said it earned $20.4 million, or 71 cents a share, in the quarter, compared with $16.4 million, or 58 cents a share, in the year-ago period. "We are off to the strong start we expected in 2018," Chief Executive Colin Angle said in a statement.
Amazon.com, Inc. (NASDAQ: AMZN ) reportedly wishes to expand from being a distributor and plunge into manufacturing home robots, according to Bloomberg . The story could present a concern for iRobot ...
At first, automated vacuum cleaners were the realm of science fiction. Despite some early challenges, iRobot Corporation (NASDAQ:IRBT) maintained the course. Yes, IRBT stock has skyrocketed since the start of 2016, up 80%.
Investors with a long-term horizong may find it valuable to assess iRobot Corporation’s (NASDAQ:IRBT) earnings trend over time and against its industry benchmark as opposed to simply looking at aRead More...
Amazon.com Inc. ( AMZN) is reportedly keen to add robots and a home shopping TV network to a constantly growing list of products and services it hopes to offer. Bloomberg, citing people familiar with the company’s plans, reported that Amazon’s research and development and computer hardware arm, Lab126, secretly began working on developing a domestic robot a few years back and is now aggressively hiring engineers to help it realize its ambitions — there are currently dozens of job listings for specialist roles on Lab126’s website. If everything goes according to plan, Amazon reportedly hopes to test the robots in employees’ homes by the end of the year and begin shipping them to consumers as early as 2019.
Bedford, Mass.-based iRobot (IRBT), maker of Roomba vacuuming robots, fell 6% ahead of Tuesday’s results, tumbling $3.93 to $59.95. IRobot CEO Colin Angle told Barron’s in a statement: “We are in a time of rapid advances and increased adoption of connected robotic technologies and applications in the home. While we have no knowledge of anything that Amazon is working on, I have always said that the potential for home robot innovation is virtually endless.
E-commerce giant Amazon is secretly working on robots for the home, according to a news report Monday. Shares of home-robot leader iRobot fell on the news.
Industrial production rose 4.2% in Q1, which holds promise for the industrial sector which is poised to see double-digit growth in the quarter.
Shares of iRobot Corp. are down 5.5% after Bloomberg reported that Amazon.com Inc. was working on building robots for the home. The robot project is code-named Vesta after the Roman goddess of the home, according to several people familiar with the company's plans. Bloomberg said that it was "unclear what tasks an Amazon robot might perform" but that those familiar with the project speculated that the robot could be "a sort of mobile Alexa." Shares of iRobot, which makes the Roomba vacuum, are down 11% over the past 12 months.
Higher sales of home robotic products and the Robopolis acquisition will likely boost iRobot's (IRBT) Q1 performance. However, intense competition in the robotic vacuum-cleaning market is a concern.
Does the share price for iRobot Corporation (NASDAQ:IRBT) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. If you wantRead More...
Cambridge-based Ava Robotics has been quiet since it spun out of Bedford-based iRobot Corp. in late 2016, but now the startup is rolling its new telepresence robot out of the shadows. The startup on Tuesday announced the availability of a new generation of autonomous mobile robots meant to support video collaboration and remote work. Back when it lived under the iRobot (IRBT) umbrella, the Ava robot was intended for use in hospitals, but in its new incarnation the robot is meant for businesses of all kinds.