iRobot Corp. (IRBT) on Wednesday initiated fourth-quarter outlook, and revised down its annual guidance.
For the three-month period to December 28, the company expects net loss per share of $1.88 to $1.58, with adjusted loss per share of $1.50 to $1.20, on revenue of $175 million to $200 million.
For the full year, iRobot now expects net loss per share of $4.27 to $3.96, compared with the earlier per share loss guidance of $3.01 to $2.55.
Excluding items, loss per share is now projected to be $4.91 to $4.60 against the prior loss per share projection of $3.77 to $3.31.
The company now expects revenue of $685 million to $710 million, lower than the prior guidance of $765 million to $800 million.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.