iRobot Earnings Reports

iRobot's Q4 2024 revenue fell by 44% year-over-year to $172.04 million due to lower sales and promotional expenses. The company reported a GAAP net loss of $77.11 million, with an EPS of -$2.52. Gross margin declined to 9.5%, impacted by a non-recurring charge. The company remains focused on restructuring and product innovation for recovery.

iRobot reported Q3 2024 financial results, showing progress in its turnaround strategy with expanded non-GAAP gross margin and improved operating cash use. However, overall results missed expectations due to market headwinds, leading to a revision of the full-year 2024 outlook. The company is on track to exceed operating expense targets while continuing to invest in growth areas.

iRobot reported second-quarter 2024 financial results, with revenue at the low end of expectations due to a challenging consumer spending environment, heightened competition, and foreign currency impact. The company made progress in lowering its cost structure through restructuring efforts, strengthening the balance sheet, narrowing the operating loss, decreasing headcount, and substantially reducing inventory.

iRobot's first-quarter revenue reached $150.0 million. GAAP net income per share was $0.30, while non-GAAP net loss per share was ($1.53). The company's positive cash flow from operations of $1.4 million was boosted by a $75 million transaction termination fee from Amazon.com. The company also launched new products and completed a workforce reduction.

iRobot Corp. reported a revenue of $307.5 million for Q4 2023, compared to $357.9 million in the same period last year. The GAAP net loss per share was ($2.28), while the non-GAAP net loss per share was ($1.82). The company is implementing an operational restructuring plan to stabilize the business and advance growth initiatives.

iRobot reported a decrease in revenue for Q3 2023 to $186.2 million compared to $278.2 million in the same period last year. The company experienced a GAAP operating loss of ($59.5) million and a GAAP net loss per share of ($2.86). They also secured $188.2 million from a new term loan to fund operations.

iRobot reported a revenue of $236.6 million for Q2 2023, a decrease compared to $255.4 million in the same period last year. The GAAP net loss per share was ($2.93), compared to ($1.60) in the previous year. The company's cash and cash equivalents were $58.0 million as of July 1, 2023.

iRobot reported a significant decrease in revenue for Q1 2023 compared to the same period last year, with notable declines across all geographic regions. The company experienced a GAAP operating loss and a decrease in cash and cash equivalents. Despite cost reduction efforts, the company's financial results were impacted by decreased revenue and a lower gross profit margin.

iRobot reported a decrease in revenue for Q4 2022 to $357.9 million, compared to $455.4 million in Q4 2021. The GAAP operating loss was ($84.8) million, compared to ($44.9) million in Q4 2021. GAAP net loss per share was ($3.07), compared to ($1.17) in Q4 2021.

iRobot reported a decrease in revenue for Q3 2022 to $278.2 million, compared to $440.7 million in Q3 2021. The company experienced a GAAP operating loss of $68.4 million, a significant shift from the $40.5 million operating income in the same quarter of the previous year. GAAP net loss per share was $4.71, a stark contrast to the $2.06 net income per share in Q3 2021.

iRobot reported a decrease in revenue for the second quarter of 2022, alongside a significant GAAP operating loss. The company is undergoing restructuring to better align its cost structure with near-term revenue expectations. iRobot has entered into a definitive agreement to be acquired by Amazon.

iRobot reported a 7% increase in revenue for Q3 2021, reaching $440.7 million. The company's GAAP operating income was $40.5 million, and GAAP net income per share was $2.06. Despite supply chain challenges, iRobot exceeded its operating profitability and EPS expectations.

iRobot Corp. announced its financial results for the second quarter ended July 3, 2021. Revenue for the second quarter of 2021 was $365.6 million, an increase of 31% from $279.9 million in the second quarter of 2020. The company's second-quarter 2021 GAAP operating loss was $3.0 million, compared with GAAP operating income of $70.3 million in the second quarter of 2020.

iRobot Corp. announced strong first-quarter results with a 58% increase in revenue compared to the previous year. The company's performance was driven by resilient consumer demand and successful execution of its strategic initiatives. iRobot has increased its expectations for 2021 revenue, while reaffirming its operating income and EPS targets due to higher-than-expected costs.

iRobot reported a strong Q4 2020 with revenue growth of 28% to $544.8 million and EPS of $0.46. The company's performance was driven by solid demand and strong execution, with growth exceeding 25% in each major geographic region. The connected customer base grew over 80% in 2020.

iRobot reported a strong Q3 2020 with revenue of $413.1 million, a 43% increase year-over-year. The company's performance was driven by increased demand for premium robots and robust direct-to-consumer sales growth. As a result, iRobot expects to exceed its original 2020 targets.

iRobot reported Q2 2020 revenue of $279.9 million, an 8% increase year-over-year, driven by a 43% increase in premium robot revenue. GAAP EPS was $2.07, and non-GAAP EPS was $1.06. The company experienced growth in the U.S. and Japan, offsetting a decline in EMEA. They anticipate 2020 revenue will be relatively unchanged to slightly higher than 2019.

iRobot reported a decrease in revenue for the first quarter of 2020, impacted by COVID-19 and supply chain challenges. The company initiated cost-reduction actions to drive savings and was granted an exclusion from Section 301 tariffs.

iRobot reported an 11% increase in revenue for Q4 2019, reaching $426.8 million, with EPS at $0.70. The company's operating income was $16.6 million. Revenue growth was driven by a 15% increase in the U.S. and 6% internationally, with new products contributing significantly to the total revenue.