IRobot: Q2 Earnings Snapshot
By AP News
Published - Aug 06, 2024, 04:23 PM ET
Last Updated - Aug 06, 2024, 04:23 PM EDT
BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — IRobot Corp. (IRBT) on Tuesday reported a loss of $70.6 million in its second quarter.
On a per-share basis, the Bedford, Massachusetts-based company said it had a loss of $2.41. Losses, adjusted for one-time gains and costs, came to $1.96 per share.
The robotics technology company posted revenue of $166.4 million in the period.
For the current quarter ending in September, iRobot expects its results to range from a loss of 11 cents per share to a loss of 1 cent per share.
