Wednesday, April 23, 2014

iRobot (IRBT) Reports 1Q'14 Results

iRobot (IRBT) reported 1Q'14 results after the market closed yesterday (02014.04.22). I liked iRobot's start to 02014, but IRBT fell 4+% in after hours trading. My guess is Wall Street didn't like CEO Colin Angle saying, "Based on our Q1 results and our outlook for the rest of 2014, we are reaffirming our full-year financial expectations [...]".

IRBT closed yesterday at $39.65. 52-week range: $26.30 - $48.36.

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