"Our first quarter results were outstanding. Home Robot revenue grew 15% over Q1 2015, driven by significant growth in the United States following a record Q4 2015," said Colin Angle, chairman and chief executive officer of iRobot.
At $38.02, iRobot has an approximate market value of $1.1 billion, which seems low to me. The PSR (Price-Sales-Ratio) is less than 2.0 and this also seems low to me. I'll sell some IRBT at $50.27 (i.e. 16 $Pi).
No comments:
Post a Comment