Wednesday, iRobot Corp. (IRBT) reported third-quarter net income of $3.9 million or $0.15 per share, compared to a loss of $1.4 million or $0.06 per share for the same quarter last year.
On average, six analysts polled by First Call/Thomson Financial expected the company to earn $0.09 per share for the quarter.
Revenue for the quarter increased 44.8% to $92.4 million from $63.8 million in the year ago quarter. Analysts expected the company to report revenue of $74.84 million for the quarter.
Looking ahead to the full year 2008, the company is increased its revenue outlook and now expects revenue in the range of $310 million-$315 million and earnings in the range of $0.08-$0.10 per share. Analysts currently expect the company to earn $0.14 per share on revenue of $294.52 million for the full year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.