Tuesday, October 22, 2013

iRobot (IRBT) Reports 3Q'13 Results

iRobot (IRBT) reported 3Q'13 results after the market closed today (02013.10.22). The press release started out with "bad" news.
"I am pleased to report that we delivered Q3 results in line with our expectations." -- iRobot CEO Colin Angle

IRBT closed today (02013.10.22) at $36.39. 52-week range: $16.25 - $41.12.

Here's an update before I even pushed the "Publish" button...

I was typing this posting in without having looked at after-hours trading. I just checked after-hours trading (it's almost 1:20pm MST) and IRBT is down almost 9%. The company met expectations, so like said... "bad" news.

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