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Recap: iRobot Q2 Earnings

Author: Benzinga Insights | August 05, 2022 05:46pm

iRobot (NASDAQ:IRBT) reported its Q2 earnings results on Friday, August 5, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

iRobot beat estimated earnings by 77.42%, reporting an EPS of $-0.35 versus an estimate of $-1.55.

Revenue was down $110.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.69 which was followed by a 5.67% drop in the share price the next day.

Here's a look at iRobot's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.35 -0.91 0.70 0.32
EPS Actual -0.66 -1.05 1.67 0.27
Revenue Estimate 302.46M 463.77M 417.04M 352.76M
Revenue Actual 291.97M 455.45M 440.68M 365.60M

To track all earnings releases for iRobot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: IRBT

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