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IRobot Corp. (IRBT) Climbed On Increased Q1 Guidance

iRobot Corp. (IRBT) announced after the bell Monday that Alison Dean has been appointed as its executive vice president and chief financial officer, effective April 5, 2013.

The company also raised its first quarter EPS forecast to between $0.16 and $0.20, from its prior forecast of $0.00 to $0.07. The consensus estimate is for EPS of $0.02.

iRobot gapped open sharply higher Tuesday, but pulled back during the first 2 hours of trade. The stock finished with a gain of 1.18 at $23.93 on above average volume. iRobot closed challenging resistance, trading at over a 1-month high.

by RTTNews Staff Writer

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